$2,200,000Pending
Pending: 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
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