Amazing Opportunity- legal 5-family FREE MARKET building in S. Ozone Park!!

HALF BRICK HALF STUCCO FACADE/UPDATED Roof, Boiler system, Heating & Electrical
Currently, 7% cap rate, Has a potential of 9% cap (please inquire by email for the NOI report)

All units are ranging from 600 SF-1100 SF in great condition, 1 unit with 3 beds, 3 units with 2 beds, and 1 unit with 1 bed

7% CAP RATE Fully Occupied units (all paying tenants)

fully finished basement PLENTY OF STORAGE (BIKES, FURNITURE)

Lot Size: 24 100 lot building size 24 x 50 3600 SQR FT 33 FT HT
on R4-1 zone!
24x50 concrete paved with a gated parking lot
5 CAR PARKING SPOTS FOR EXTRA INCOME

APARTMENT LAYOUTS:
APT 1 - 3 BEDROOMS 1 BATH
APT 2 - 2 BEDS 1 BATH
APT 2R - 2 BEDS 1 BATH
APT 3F - 1 BED 1 BATH
APT 3R - 2 BEDS 1 BATH

EMAIL FOR INQUIRIES ON RENT ROLL





Property Details of 90-02 97th Avenue, Unit *

Property Details

Map Location

Driving Directions

Listed by STEVEN BENSHABAT of Keller Williams NYC

Based on information submitted to REBNY as of March 22, 2023 6:19 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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