95-16 & 95-18 87th Street, Ozone Park, NY 11417

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$2,500,000
Active for Sale
 
Listing ID 11340313
Property Type Multi-Unit (5+)
Commercial Type MULTIFAMILY, Low-Rise
County Queens
Township Ozone Park
Neighborhood Ozone Park
Total Tax $17,978
FEMA Flood Map fema.gov/portal
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Two Adjoining Fully-Leased Free-Market Multifamily Buildings

95-16 & 18 87th Street in Ozone Park is a package of two adjoining fully-leased free-market multifamily buildings. The building features six units, currently occupied, delivered with upside as the rents are currently below market. The building offers on-site parking and storage space for tenants. It is located within a short walk to Rockaway Boulevard, Atlantic Avenue, and Liberty Avenue, and a three-minute walk to the A subway station.
Property Details
  • 6062 SF
  • 2505 SF Lot
  • 3 Stories
  • Available 9/06/2024
Exterior Features
  • Brick Siding
  • Near Bus
  • Near Train
Commercial Info
  • Uses: Multifamily
Income/Expenses
  • Gross Income $174,600
  • Net Income $135,285
  • Total Exp $39,315
  • Paid by Landlord: Water, Ord. Maint., Struct. Maint., Ground Maint.
Taxes and Fees
  • $17,978 Total Tax
Listed By
RIPCO REAL ESTATE LLC
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