Pending

98-17 101st Avenue # 8

Ozone Park NY, 11416

$2,200,000


Pending

Commercial

Built in 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.

3444261

MLS ID

November 17, 2022

Listed

November 7, 2024

Updated

Map

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

Interior Features

Total Stories

3


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas, Hot Water, Other

Exterior/Building Features

Lot Size

0.15 Acres


Sewer

Public Sewer

School Information

School District

Queens 27

Other Property Details

Taxes

$26,000


Tax Frequency

Annually


Days on Market

550


Garage

No


Parking Total

4


View

No


County

Queens


Municipality

Queens


Pool

No

Listing History

Date

Event

Price

5/22/2024

Pending

2/14/2024

Price change

$2,200,000

-9%

Listed by Bellis I Girwar  with NYC Home Sales
Listing Contact: 646-261-9628 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Zakinova Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 OneKey MLS. All rights reserved.    

Data last updated 2:13 PM UTC, 11/7/2024

  

Powered byLuxury Presence