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98-17 101st Avenue

Ozone Park, NY 11416
  • $2,400,000
  • STATUS: Active
  • MLS #: 3444261
UPDATED: 57 min ago
$2,400,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1931
County:
Area:

School Ratings & Info

School District:

Description

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. Substantially, most of the tenants are without leases and rents are well below current market rates, another rarity in today's environment. This assemblage also provides for an excellent 1031 Exchange option.

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© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Home Team | Berkshire Hathaway HomeServices Hudson Valley Properties. Data last updated: 2022-11-29T22:16:26.6.
www.hudsonvalleyshometeam.com/homes/134867051
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98-17 101st Avenue Ozone Park, NY 11416

  • Price: $2,400,000
  • Status: Active
  • On Site: Days
  • Updated: 57 min ago
  • MLS #: 3444261
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1931
Built
Neighborhood:
Queens
County:
Queens
Area:
Queens
School District:
Queens 27
Property Description
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. Substantially, most of the tenants are without leases and rents are well below current market rates, another rarity in today's environment. This assemblage also provides for an excellent 1031 Exchange option.
Exterior Features

Building Size 11240 Business Parking Spaces 4 Loading Docks 1 Lot Size Dimensions 50X100 Parking Total 4.00

Property Features

Business Type Mixed Gross Income 167340.00 Net Operating Income 115790.00 Operating Expense 52150.00 Property Sub Type Mixed Use Property Type Commercial Sale Tax Annual Amount 26000.00 Tax Block 9075 Zoning Description R6b

Listing courtesy of Bellis Girwar of Nyc Home Sales: 646-261-9628
© 2022 OneKey MLS. All rights reserved.


© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Home Team | Berkshire Hathaway HomeServices Hudson Valley Properties. Data last updated: 2022-11-29T22:16:26.6.
 
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