10138 131st Street , Richmond Hill, NY 11419

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Property Description

Investor opportunity in the heart of South Richmond Hill! 10138 131st Street is a fully income-producing duplex offering strong cash flow, making it an excellent addition to an investment portfolio. This property presents an ideal setup for investors seeking immediate rental income with future upside potential.Configured as a legal 2-family residence, the first level features a spacious 2-bedroom, 1-bath layout, while the second level offers a generous 3-bedroom, 1-bath apartment. Both units provide practical layouts with well-proportioned living spaces and ample natural light throughout. The property includes 3 electric meters, offering convenience for separate utilities and streamlined management.The home has been maintained in good overall condition and offers strong long-term value in a desirable Queens location. Whether you are expanding your real estate portfolio or seeking a multi-unit income-producing property with solid returns, this is an opportunity not to be missed. Conveniently located near shopping, restaurants, schools, parks, major roadways, public transportation, and neighboring communities, providing tenants with easy access to everyday essentials and commuting options.

10138 131st Street | MLS# 997778

This multi-family property located at 10138 131st Street , Richmond Hill, NY 11419 is currently listed for sale with an asking price of $999,000. 131st Street is located within the Queens 28 school district. Search Richmond Hill real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Baseboard, Natural Gas, Steam
Lot Size: 0.06 Acres
Taxes: $6,523
Year Built: 1920

Amenities

First Floor Bedroom
First Floor Full Bath

Feature Descriptions

Building Area Total: 1446
Exterior: Brick, Vinyl Siding
Flooring: Vinyl
Heating Units: 1
On Market Date: 2026-05-11
Parcel Number: 09498-0020
Parking Features: Driveway
Rental Term: Monthly
Separate Electric Meters: 3
Separate Gas Meters: 1
Sewer: Public Sewer
Units: 2
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public
Water: Public

Local Schools

High School: Queens High School For The Sciences At York Colle
Middle School: Jhs 157 Stephen A Halsey
Elementary School: Ps 55 Maure
School District: Queens 28

Estimate Your Payment

Estimated Payment

$ 3,058.30 per month $2,223.34 Principal & Interest $543.58 Property Tax $291.38 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Redfin Real Estate
Agency Contact: 631-337-8238

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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