98-17 101st Avenue Unit 8
Ozone Park,
NY
11416
- Commercial
- Year Built 1931
- Mixed Use
- ML# 3444261
Property Details
Overview
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.
Key Facts
- •Lot Size: 0.15
- •Lot Sq Ft: 6455
- •Taxes: $26,000
- •Business Type: Mixed Use
- •Sale or Rent: Sale
- •School District#: 27
- •School District: Queens 27
- •Zoning: R6B
•Block: 9075
- •Lot: 51
- •Building Size: 11240
- •Parking Spaces: Yes
- •Parking Spaces: 4
- •Stories: 3
- •Heat: Natural Gas, Hot Water, Other
- •Sewer: Public Sewer
Listing Information provided courtesy of
NYC Home Sales
646-261-9628
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