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

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Listing Type
Commercial/Industrial
Listing Status
Off Market
0
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
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$2,200,000

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Home Details for 98-17 101st Avenue 8
Price
$2,200,000
Type
Commercial/Industrial
Year Build
1931
Sq. Ft.
6455
Lot Size
0.15
County
Queens
Garage
4
Tax
$26,000
MLS®️ Listing#
3444261
On exitrealty.com
757 days
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.
Listing courtesy: NYC Home Sales - 646-261-9628. Presented by: Bellis I Girwar
Listings courtesy of OneKey MLS. IDX information is provided exclusively for consumers personal non-commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but not guaranteed accurate by the MLS.
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$2,200,000

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