Ozone Park, NY 11416,98-17 101st AVE #8
Ozone Park, NY 11416,98-17 101st AVE #8
Ozone Park, NY 11416,98-17 101st AVE #8
Ozone Park, NY 11416,98-17 101st AVE #8
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$ 2,200,000
Est. payment | /mo

6,534 Sqft Lot


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$ 2,200,000
Est. payment | /mo
Save

6,534 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 3444261

Originating Board onekey

Rental Info No

Year Built 1931

Annual Tax Amount $26,000

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 50x100

Property Description

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.

Location

State NY

County Queens

Zoning R6B

Interior

Heating Natural Gas, Hot Water, Other

Fireplace N

Exterior

Total Parking Spaces 4

Building

Story 3

Sewer Public Sewer

Schools

School District Queens 27

Others

Special Listing Condition None

Listed by NYC Home Sales • 646-261-9628
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98-17 101st AVE #8