$2,200,000
Pending
403 Days Online
0 Beds0 Baths0 SQFT
Pending

98-17 101st Avenue #8Ozone Park, NY 11416

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SIGNIFICANT PRICE IMPROVEMENT! 8% PRICE REDUCTION. MOTIVATED SELLER. 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. Residential tenants have no leases. Rents are well below current market rates, another rarity in today's environment. This assemblage also provides for an excellent 1031 Exchange option. Prospective Buyers to conduct own due diligence. NEW ROOF IN 2023, 2 FULLY RENOVATED APTS, NEW REFRIGERATORS. ONGOING ADDITIONAL CAPITAL AND ROUTINE IMPROVEMENTS.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyQueens
  • Taxes$26,000
  • HOA/Condo/Coop Fees$0
  • Days on Site402 Days
  • MLS StatusPending
  • MLS ID Number3444261
  • Home Size Source N/A
  • Year Built1931
  • Lot Size0.15 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Available on 2024-07-31
  • Parking Spaces 4
  • Sewer Public Sewer
  • Number of Stories 3
  • Acreage 0.15
  • Zoning R6B
  • Cross Street 99 Street
  • Property Sub Type Mixed Use

Interior Features

  • Heating Natural GasHot WaterOther

Community Features

  • Township Queens

Schools

School District
Queens 27
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$11,650
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