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