100-10-100-12 103rd Ave

7 Unit Apartment Building $2,499,000 ($357,000/Unit) 6.50% Cap Rate Ozone Park, NY 11417

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INVESTMENT HIGHLIGHTS

Full finished basement with separate entrance
Vacant lot with APPROVED plans to generate more rental income

Gut renovated recently.
Total of 3 buildings.

EXECUTIVE SUMMARY

Motivated Seller. No commission earned until formal contracts of sale are fully executed. All offers must be in writing with preapproval and proof of funds. All information included but not limited to taxes, lot size, age of property is not guaranteed or verified and should be independently verified. Total of 3 buildings and a vacant lot on the parcel.

PROPERTY FACTS

Price	$2,499,000
Price Per Unit	$357,000
Sale Type	Investment
Cap Rate	6.50%
No. Units	7
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Apartment Style	Low Rise
Building Class	C
Lot Size	0.14 AC
Building Size	4,380 SF
Average Occupancy	100%
No. Stories	2
Year Built/Renovated	1945/2015
Parking Ratio	0.91/1,000 SF

UNIT AMENITIES

Kitchen
Refrigerator

Oven

Range

Tub/Shower

SITE AMENITIES

24 Hour Access

Public Transportation

Smoke Detector

1 of 1

Walk Score®

Walker's Paradise (92)

Transit Score®

Excellent Transit (84)

ZONING

Zoning Code

M1-1 (Light industrial with offices, hotels, and most retail uses permitted)

Listing ID: 31404285
Date on Market: 4/3/2024
Last Updated: 2/18/2025
Address: 100-10-100-12 103rd Ave, Ozone Park, NY 11417

100-10-100-12 103rd Ave