Sq.Ft. Lot6,455
Year1931
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Status:
Active
Property Type:Mixed Use
MLS #:3444261
On Site:382 Days
Lot Size:6,455 Sq. Ft.
County:Queens
PORTFOLIO INCLUDES 98-13, 15, 17 101 AVENUE. Block # 9075. Lot #s 51 and 53. This mixed-use assemblage is a very lucrative investment opportunity. The property is located on a well-traveled commercial strip in desirable Ozone Park. The location is minutes from many major arteries including Woodhaven Blvd, Atlantic Avenue, Van Wyck Expressway and Belt Parkway. It is also located minutes from JFK airport and public transportation. This investment opportunity has great upside potential, a rarity in today's market. Substantially, most of the tenants are without leases and rents are well below current market rates, another rarity in today's environment. This assemblage also provides for an excellent 1031 Exchange option. Sold 'as is'. Prospective Buyer to do own due diligence. TWO VACANT, FULLY RENOVATED APARTMENTS.
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Community Information
Address:98-17 101st Ave #8, Ozone Park, NY 11416
County:Queens
City:Ozone Park
School District:Queens 27
Hamlet :Queens
Zip Code:11416
P.O.:13
Features / Amenities
Parking Total: 4
Heating: Natural Gas, Hot Water
Property Features
Lot Size:
0.15 Acres / 6,455 Sq. Ft.
Lot Dimensions:50x100
Sewer: Public Sewer
Zoning:R6B
Directions:GPS
Tax and Financial Info
Tax Annual Amount: $26,000
Gross Income: $169,440
Net Income: $117,290
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98-17 101st Ave #8 Ozone Park, NY 11416
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Listing Information Last Updated 12/3/2023
Listing provided courtesy of Nyc Home Sales (646-261-9628).
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