Price Reduced 8.33%
Price History
$2,400,000
11/17/2022
$2,200,000
2/14/2024
98-17 101st Avenue, #8, Queens, (Ozone Park), NY, 11416
1931
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.
Status:
Pending
Town:
Queens
Type:
Commercial
Units:
8
Zoning:
R6B
Heating:
Natural Gas, Hot Water, Other
Levels:
3
Parking:
4-car
Acreage:
0.15
Est. Taxes:
$26,000
Current Use
Mixed Use
School District:
Community District 27
Days on Market:
550
MLS #:
3444261
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of NYC Home Sales 646-261-9628