Thornwood Real Estate Search

Thornwood Multi-Family Properties for Sale

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Newest Thornwood Multi-Family Homes for Sale

$1,299,000
1044698 MLS
Welcome to this beautifully maintained multi-level home built in 2003, offering generous living space, modern mechanical systems, private outdoor areas, and two dedicated off-street parking spaces! The home is equipped with three central air conditioning systems alongside separate heating and hot water units for maximum comfort and efficiency. The first level features an open, functional layout with a spacious living area, a kitchen with abundant counter space, a full bathroom, and two bedrooms. The finished lower level boasts high ceilings and a large open space that can serve as a recreation room, media center, home gym, or flexible workspace, along with a bathroom, laundry setup, storage area, and direct access to the private backyard. The main residence enjoys its own private entrance opening into an oversized living room, a custom kitchen with stone countertops, abundant cabinetry, a double-door refrigerator, and a separate dining area. Sliding glass doors lead to a private balcony overlooking the yard and nearby canal, providing tranquil water views. The upper layout features three bedrooms, highlighted by a spacious primary suite with a walk-in closet, high ceilings, large windows, and a private full bathroom equipped with a Jacuzzi tub and separate shower stall. Two additional bedrooms offer generous closet space, access to a secondary balcony, and a full hallway bathroom. Outdoors, the private backyard provides space for gardening, entertaining, and relaxation. Conveniently located in College Point near Flushing, with easy access to local shopping, dining, neighborhood educational options, Hermon A. MacNeil Park, and the Q26 bus line. A move-in-ready home offering exceptional versatility, scenic views, and dedicated parking!

114-26 Dalian Court, College Point

$1,100,000
7 Beds 4 Baths 1043704 MLS
Welcome to 1260 Hobart Ave, an exceptional all-brick, 2-family residence situated in one of the Bronx's most desirable and tightly-knit neighborhoods, offered at $1,100,000. Spanning approximately 1,969 square feet, this thoughtfully designed home delivers a rare combination of modern luxury, functional versatility, and income potential. The main layout features an expansive 3-bedroom, multi-bathroom duplex boasting soaring cathedral ceilings, rich hardwood flooring, a warm gas fireplace, and formal dining rooms designed for effortless entertaining. Sunlight pours through abundant windows, illuminating the open-plan interior, while private master suite terraces offer a quiet retreat. The property also includes a separate 3-bedroom, 2-bathroom apartment and a fully finished walk-out basement, making it ideal for extended family living or as a lucrative income-generating asset to help offset mortgage costs. Outside, the amenities continue with a private driveway, an attached garage, and a spacious, private backyard oasis perfect for weekend relaxation and gatherings. Nestled right in the heart of Pelham Bay, residents enjoy the ultimate suburban feel within city limits. You are just moments away from NYC's largest green space, Pelham Bay Park, as well as local favorites like Bufano Park, renowned neighborhood eateries, and top-tier local schools. Commuting is a breeze with easy access to local bus lines and the 6 subway line, providing a direct connection to Manhattan and Westchester. This turnkey property is a must-see for discerning buyers and investors looking for quality, space, and location.

1260 Hobart Avenue, Bronx

$735,000
1045579 MLS
Investment Opportunity – High Cash Flow Property in the Heart of Poughkeepsie Presenting 40 S. Hamilton Street, a rare opportunity to acquire a proven income-producing property in the City of Poughkeepsie. This well-established rooming house consists of nine private single-occupancy rooms, seven bathrooms, providing affordable and independent living accommodations that serve a critical role in the local housing market. This property is a grandfathered rooming house (meaning no other property can be zoned as a rooming house without a special permit). Coin operated laundry also included in the basement. The property has demonstrated strong and consistent performance, currently generating approximately $100,000 in annual gross rental income with a current NOI of $49,315. Residents enjoy access to shared common areas including a communal kitchen, lounge, and hallway facilities on each floor, creating a practical and cost-effective housing solution for tenants. Situated on a generous lot, the property features a large rear driveway with ample off-street parking, a valuable amenity for both tenants and management. A substantial basement provides additional storage space and operational flexibility. For investors seeking immediate cash flow, this property is generating income from day one. Beyond its current performance, there are multiple avenues for future upside. Four apartment conversion is allowed by right. If you split the lot, you can build eight apartments on a knockdown. Student housing is also permitted outright (with Marist, Vassar, Dutchess Community College, and CIA nearby). You can also continue operating as a successful rooming house rental property. The combination of strong in-place income, parking, storage, and future value-add potential makes this an attractive acquisition for both experienced and aspiring investors. Additionally, there is a small parking lot in the rear of the building. Whether you're looking to expand your portfolio with a stabilized asset or capitalize on redevelopment and repositioning opportunities, 40 S. Hamilton Street offers a compelling blend of cash flow, flexibility, and long-term potential in a growing rental market.

40 S Hamilton Street, Poughkeepsie

$899,999
5 Beds 2 Baths 1040149 MLS
Welcome to 8520 90th Street, a spacious 5-bedroom, 2-bathroom, 20 foot wide multifamily home in the heart of Woodhaven. This property offers a great opportunity for homeowners, or investors seeking versatile living space in a well-connected Queens neighborhood. Renovated in 2014, the home features updated electric, recessed lighting, updated kitchens and bathrooms. The layout provides flexibility for comfortable living with high rental income. The property is conveniently located near public transportation, shopping, restaurants, schools, and everyday conveniences. The owners duplex unit includes a bedroom and living room on both the first and the second floor, allowing flexibility in layout. The second floor rear is a separate unit with separate gas cooking and electric and provides extra income. The basement has 2 exits, one in both the front and back. The property has gas cooking and has a large naturally shaded backyard perfect for hangouts. Enjoy easy access to Forest Park, one of Queens' largest green spaces, offering walking trails, recreation, sports fields, playgrounds, and plenty of opportunities to enjoy the outdoors. Commuters will appreciate the property's proximity to the subway (only 5 blocks to J train at 85 st Forest Parkway) and , making travel throughout Queens and into Manhattan convenient. With its spacious layout of over 1880 finished square foot in living space, extra space in the basement, multifamily configuration, and desirable Woodhaven location, 8520 90th Street presents an excellent opportunity to own a versatile property in Queens. Come see the possibilities and make this home your own.

8520 90th Street, Woodhaven

$399,000
4 Beds 3 Baths 1044575 MLS
Multi-family homes are a rare find in the Village of Pawling, making this two-family, two-story property an exceptional opportunity for an owner-occupant or investor seeking income-producing real estate in a highly convenient location. The building offers two apartments, including a spacious 3-bedroom, 2-bath residence with approximately 1,680 square feet spanning the first and second floors, and a 1-bedroom, 1-bath apartment with approximately 679 square feet located on the rear of the first floor. Both units are occupied by long-term tenants who would like to remain, while flexible month-to-month leases provide options for a new owner. Apartment 5A is entered through a covered front porch and features an entry with a hall closet, large living room, nicely sized kitchen with dining area, full bath, and access to the basement. Upstairs are three bedrooms, a large bedroom with two closets, a smaller bedroom in the middle and a spacious rear bedroom offering two walk-in closets plus an additional closet. A second full bath completes the upper level. The tenant is responsible for oil heat, electricity and cable, as does the lawn maintenance and snow removal. Apartment 5B has a private rear entrance into a large living room with a hall closet and a convenient closet with a combination washer and dryer. The bedroom features a large walk-in closet, while the kitchen provides space for a table. The full bath includes a walk-in shower. The tenant is responsible for electricity (electric heat), and cable. The landlord is responsible for the propane for the two gas stoves, quarterly municipal water and sewer, and annual garbage service through the Village of Pawling. Each apartment has two tandem parking spaces, with convenient three-hour municipal parking available directly across the street for guests. A large shed provides additional storage, and both tenants enjoy use of the backyard. The location is especially appealing for those who want to enjoy village living without relying on a car. Boutique shops, fine dining, casual eateries, local pubs and the seasonal farmers' market are all just a short distance away, while the Pawling Metro-North train station is less than half a mile from the property. A rare opportunity to own a well-located multi-family property in the heart of the Village of Pawling with established tenants and flexible lease arrangements.

5 Henry Street, Pawling

$949,000
4 Beds 3 Baths 1045386 MLS
Back on the Market - Newly Vacant and Move-In Ready! Welcome to 86-31 131st Street! A stunning two-family duplex, perfectly situated along the border of Kew Gardens and Richmond Hill. This exquisite MUST-SEE residence boasts a generous layout, featuring 4 spacious bedrooms, 3 elegantly appointed bathrooms, and a fully finished basement. This property has been meticulously maintained and thoughtfully renovated, rebuilt completely from the inside out. In 2012, full gut renovations transformed this duplex into a modern masterpiece including new plumbing, electrical, sprinkler systems, water main, roof, siding, and even front gate —ensuring peace of mind for years to come. Adding further value to this exceptional offering, the boiler, water heater and some stainless-steel appliances have also been newly updated in the last 1-4 years. As you enter through the foyer, you are greeted by an expansive living room bathed in natural light from large windows that create an inviting atmosphere. The seamless flow of hardwood floors throughout adds a touch of sophistication and warmth to every corner of this home. The heart of the home lies in the eat-in kitchens, with ample space to entertain. On the first floor, the kitchen not only offers functionality but also grants direct access to your own private backyard - a rare find in city living and ready for you to create your own oasis! Imagine hosting summer barbecues or enjoying quiet evenings under the stars in your spacious outdoor retreat. The lower level features its own entrance, leading to a versatile basement space that can be tailored to your needs. Separately, its spacious dedicated laundry area with washer, dryer and utility sink may be independently accessed by the entire duplex. This home is conveniently located near parks, schools, medical centers, shopping centers, and public transportation options that connect you effortlessly to the rest of the city. Don’t miss out on this rare opportunity! Schedule your private tour today and experience firsthand the elegance and charm that awaits you.

8631 131st Street, Richmond Hill

$1,399,999
6 Beds 4 Baths 1045263 MLS
Excellent investment opportunity in the heart of the Bronx! 1581 Hollywood Avenue is a solid brick four-family property offering approximately 2,100 square feet of living space on a 3,156-square-foot lot. Built in 1972, the property features a versatile unit mix consisting of a 3-bedroom, 2-bedroom, 1-bedroom, and studio apartment, providing multiple income streams and strong rental potential. A major advantage for investors or owner-occupants is that the property will be delivered vacant, allowing the new owner to immediately renovate, reposition, and establish rents based on current market conditions. Each tenant has separate heat and electric, helping simplify utility management and operating expenses. The property also includes a finished walkout basement, providing additional functional space. One of the property's standout features is its oversized garage with a loft, offering tremendous space for storage, a workshop, vehicles, or other potential uses. Between the garage and backyard area, there is parking for approximately five cars—a valuable feature in the Bronx. Situated on an R4A-zoned 3,156-square-foot lot, the property offers an attractive combination of existing income-producing potential, parking, storage, and future possibilities. Buyers should independently verify permitted uses, zoning, and development potential. The location provides convenient access to transportation, shopping, recreation, and major roadways. Both the Middletown Road and Buhre Avenue 6 train stations are within walking distance, making commuting throughout the Bronx and into Manhattan convenient. Pelham Bay Park, New York City's largest public park, is nearby, along with the shops, restaurants, and neighborhood amenities along Crosby Avenue. Easy access to the Hutchinson River Parkway adds even more convenience for drivers. With four residential units, vacant delivery, separate utilities, substantial parking, an oversized garage with loft, and room to maximize rental income, 1581 Hollywood Avenue presents a rare opportunity for investors, owner-occupants, or buyers looking to add a flexible multifamily property to their portfolio.

1581 Hollywood Avenue, Bronx

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.