Style: Mixed Use
Year Built: 1931
$2,200,000
98-17 101st Avenue 8, Ozone Park, NY 11416, US
Remarks
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.Details
MLS#: 3444261Price: $2,200,000
Style: Mixed Use
Year Built: 1931
County: Queens
Lot Size: 50x100
Tax Fee: 26000
School District: Queens 27
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Information is believed to be accurate but should not be relied upon without verification.
Data Provided by OneKey MLS
Last updated: 2024-05-21T22:47:23.000-04:00.
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