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$2,200,000
For Sale

Active: 98-17 101st Avenue, Unit 8, Ozone Park, NY 11416

0 Bed   |   0 Bath

Key Details

Type

Other

Lot Size

0.15 acres

Year Built

1931

MLS #

3444261

Home 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.

Features & More

Interior Features

Heating Hot Water

Exterior & Building

Architectural Style Other
Roof Type Unknown

Nearby Schools

Schools provided by the listing agent

School info is currently unavailable from the MLS. Check back soon for updates.

Location

  • County: Queens
Listing Courtesy of Bellis Girwar at NYC Home Sales (646) 261-9628 girwarb@aol.com
Source: Listhub.com

MLS Disclaimer: Copyright © 2024 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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