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3354 99th St

32 Unit Apartment Building $8,000,000 ($250,000/Unit) 5% Cap Rate Flushing, NY 11368

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Investment Highlights

Convenient Location, Close to Subway Station, Shops, Restaurants, Banks ,Supermarkets and Schools.

Executive Summary

9815 34th Ave & 3345 99th St. Flushing
PROPERTY HIGHLIGHTS:
• Solid Brick Buildings, Well Maintained
• 21 Units of 1 BR, 11 Units of 2 BR
• 30 Units are Rent stabilized, 2 Units are
Rent Controlled
• 16 Units are Renovated, Roof 3 years Old,
New Intercom System
• Stable Income
• Dense Population
LOCATION DESCRIPTION:
• Convenient Location, Close to Subway
Station, Shops, Restaurants, Banks ,Supermarkets and Schools
• Nearby Grand Central Parkway, Van Wyck
Expressway, Northern Blvd., La Guardia
Airport and Shea Stadium
• #7 Subway Station on Roosevelt Ave and
Junction Blvd., Bus Stations on Northern Blvd

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Property Facts

Price	$8,000,000	Apartment Style	Mid Rise
Price Per Unit	$250,000	Building Class	C
Sale Type	Investment	Lot Size	0.09 AC
Cap Rate	5%	Building Size	24,480 SF
No. Units	32	Average Occupancy	100%
Property Type	Multifamily	No. Stories	4
Property Subtype	Apartment	Year Built	1927

Price	$8,000,000
Price Per Unit	$250,000
Sale Type	Investment
Cap Rate	5%
No. Units	32
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Mid Rise
Building Class	C
Lot Size	0.09 AC
Building Size	24,480 SF
Average Occupancy	100%
No. Stories	4
Year Built	1927

Unit Amenities

Air Conditioning
Microwave

Heating
Refrigerator

Oven

Tub/Shower

Site Amenities

24 Hour Access

Property Manager on Site

Maintenance on site

Walk-Up

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
1+1	21	-	-
2+1	11	-	-

1 of 1

Walk Score ®

Walker's Paradise (93)

Transit Score ®

Excellent Transit (84)

Bike Score ®

Very Bikeable (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.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	01713-0036	Improvements Assessment	$396,810
Land Assessment	$106,200	Total Assessment	$503,010

PROPERTY TAXES

Parcel Number

01713-0036

Land Assessment

$106,200

Improvements Assessment

$396,810

Total Assessment

$503,010

zoning

Zoning Code	R5, Queens(C1) (Medium density district with a height limit of 40 feet)
R5, Queens(C1) (Medium density district with a height limit of 40 feet)