OPPORTUNITY KNOCKS!!
FREE Market ~5 Family ~7% cap
WELCOME INVESTORS & ALL BUYERS !!
Amazing, legal 5-family, just listed $1,488,000, FREE MARKET building in S. Ozone Park!!
Property taxes $22,191 YR
HALF BRICK HALF STUCCO FACADE/UPDATED Roof, Boiler system, Heating & Electrical
Currently, their 7% cap rate, Has a potential 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, all units have finished hardwood floors, separate living rooms, separate kitchens with gas stoves, & fridges in great condition. some units are more updated than others bathrooms are renovated with white tiles and new vanity
7% CAP RATE Fully Occupied units (all paying tenants)
HALF BRICK HALF STUCCO FACADE
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
RENT ROLL:
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
Great area, quiet neighborhood conveniently next to ALL!
CALL/TEXT FOR PRIVATE SHOWING
Sold for $1,345,000 on 06/15/23
$1,345,000
90-02 97th Ave, Ozone Park, NY 11416
10beds
3,600sqft
MultiFamily
Built in 1931
-- sqft lot
$1,553,300 Zestimate®
$374/sqft
$3,372 Estimated rent