98-17 101st Avenue #8, Ozone Park, NY 11416 | MLS 3444261 | Listing Information | Berkshire Hathaway HomeServices Laffey International Realty | Berkshire Hathaway HomeServices Laffey International Realty
FOR SALE
$2,200,000  

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

Mixed Use, Business Opportunities
Commercial
6,455
Sq. Ft.
0.15
Acres Lot
Listing by: NYC Home Sales, 646-261-9628

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

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.

Property Details

3444261
Mixed Use, Business Opportunities, 3+ Story
Queens
1931
0.15 Acres
3
Public Sewer
6,455 Sq. Ft.
Yes  - 4 spaces
8 Total
Mixed Use
Interior Features
Heating
Gas Heat. Hot Water.
Exterior / Lot Features
Parking
4 Garage Spaces. 4 Parking Spaces.
Lot Dimensions
50x100
Dimensions
Front - 62
Zoning
R6B
Financial Considerations
09075-0051
$26,000

Market Trends

Listing by: NYC Home Sales, 646-261-9628
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