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100-10-100-12 103rd Ave

7 Unit Apartment Building $2,499,000 ($357,000/Unit) 6% Cap Rate Ozone Park, NY 11417

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%
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
Walk Score ®
Walker's Paradise (92)
Transit Score ®
Excellent Transit (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code M1-1 (Light industrial with offices, hotels, and most retail uses permitted)
M1-1 (Light industrial with offices, hotels, and most retail uses permitted)
  • Listing ID: 31404285

  • Date on Market: 4/3/2024

  • Last Updated:

  • Address: 100-10-100-12 103rd Ave, Ozone Park, NY 11417

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