77-03 101 AveQueens, NY 11416

Property Details for 77-03 101 Ave

Year built

1920

Lot size

0.05 AC

Property size (Sq ft)

2,600 SF

Property type

Apartment buildings

Description

This exceptional investment opportunity presents a three-unit multifamily building located at 77-03 101st Avenue in Ozone Park, Queens, New York. The property, built in 1920, sits on a 0.05-acre lot and boasts a total square footage of 2,600. The building comprises three distinct rental units: a ground floor storefront combined with a two-bedroom apartment, and two additional units on the second floor – one with two bedrooms and the other with one bedroom. A fully finished basement with a bathroom adds significant value and potential for additional income or expansion. This prime location on 101st Avenue in Ozone Park benefits from exceptionally high foot traffic, providing excellent visibility for the storefront. The property's proximity to public transportation, including a nearby bus route and train station, further enhances its appeal to potential tenants. The area is also well-served by essential amenities such as supermarkets, pharmacies, and restaurants, making it a highly desirable residential location. The asking price for this promising investment property is $1,359,000. The property's APN is 09049-0038. This is a rare opportunity to acquire a well-situated multifamily property in a thriving Queens neighborhood. Don't miss out!

Location Insight

City

Queens

County

Queens

State

New York

Latitude

40.6804

Longitude

-73.8605

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