Commercial Sale in Ozone Park, Queens, NY 11416 | Web ID: PH428636 | $2,400,000

 
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. Sold 'as is'. Prospective buyer to do own due diligence. Two vacant, fully renovated apartments.

Property Information
Location/Town Ozone Park
Area/County Queens
Prop. Type Commercial Sale
Tax $26,000.00
# Stories 3
Year Built 1931
Total Units 8
Lot Size 50x100
Lot SqFt 6,455
Heat Source Natural Gas, Hot Wat
Zoning R6B
Tax Lot 51
Units 8
School District Queens 27
Listing information courtesy of: NYC Home Sales
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