See Home Value
$1,950,000
Commercial - Off Market

83-01 101st Avenue

Ozone Park, NY 11416
bedrooms
Studio
bathrooms
0 Bath
$10,504
Estimated Monthly
$0
HOA / Fees
0.23%
Cap Rate

About This Property

SUBSTANTIAL PRICE IMPROVEMENT!  MOTIVATED SELLER. GREAT INVESTMENT OPPORTUNITY!!!  Six family property in desirable Ozone Park.  Recently upgraded Apartments: polished floors, new cabinets/countertops, appliances.  Superb opportunity for income improvement.  Upgraded utilities.  This is a very low maintenance building.  FREE MARKET RENT.  NO LEASES. Ideal for 1031 Exchange.  Minutes from all amenities.   Operating Income:  $105,000 Expenses:  $41,696 Net Income:  $63,304
Unit Size
-
Days on Market
-
Land Size
0.05 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$929
HOA Dues
-
Year Built
1931
Last updated: 2 months ago (OneKey MLS #ONE3475981)

Price History

Date / Event Date Event Price
Mar 1, 2024 No longer available -
No longer available
Jan 11, 2024 Price Decreased $1,950,000
↓ $250K (11.4%)
Price Decreased
Jan 6, 2024 Relisted $2,200,000
Relisted
Jan 1, 2024 No longer available -
No longer available
May 8, 2023 Listed by NYC Home Sales $2,200,000
Listed by NYC Home Sales
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1931
  • Building Count: 1
  • Floor Count: 3
  • Total Unit Count: 6
  • Residential Unit Count: 6
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 2,000
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 20
  • Building Depth: 80
  • Building Frontage: 20
  • Gross Building Area: 4,800

    Building Floor Area

  • Residential Building Floor Area: 4,800

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: C2
  • Lot Type: 3
  • Land Use: 02
  • Irregular Lot Code: N
  • Extension Code: N

Neighborhood

  • Community District: 409
  • City Council District: 32
  • Police Precinct: 102
  • Fire Company: L142
  • Health Area: 3000
  • Sanitation District Borough: 4
  • Sanitation Subsection: 1C
  • School District: 27

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6B
  • Zoning Commercial Overlay 1: C2-3

Geography

  • Borough Name: QN
  • Borough Code: 4
  • Block: 9054
  • Lot: 99
  • Borough Block Lot: 4090540099

    Address

  • Full Address: 83-01 101 Avenue
  • Zip Code: 11416

Valuation

    Assessments Valuation

  • Assessed Total Value: $277,650
  • Assessed Land Value: $6,750

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$1,700,000 Sep 13, 2021
$1,700,000 Jun 3, 2022
-
House
5 Beds
3 Baths
-
$1,380,000 Apr 30, 2022
$1,380,000 Jul 21, 2022
$264/mo
Commercial
Loft
-
-
$1,500,000 Dec 10, 2019
$1,500,000 Jun 8, 2021
$1,594/mo
Multifamily
8 Beds
5 Baths
-
$1,440,000 Nov 11, 2021
$1,440,000 May 18, 2022
$500/mo
House
Stu
-
-
$1,980,000 Aug 16, 2023
-
$455/mo
Other
Loft
2 Baths
-
$1,865,000 Sep 7, 2023
-
$2,933/mo
Other
Loft
2 Baths
-
$1,850,000 Dec 4, 2023
-
$1,266/mo

About Southwestern Queens


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Frequently Asked Questions

When was property at 83-1 101st Avenue built and last sold?
The property at 83-1 101st Avenue was built in 1931 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 83-1 101st Avenue is $1,969,500.
What are some comparable homes to 83-1 101st Avenue?
Homes that are comparable to 83-1 101st Avenue include a house property at 91-1 80th Street, a other property at 450 Grant Avenue, a commercial property at 1215 Liberty Avenue.

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