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

Exterior Details

Property Information

Square Footage : 4800
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1931

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Acres: 0.05
Lot Size Square Feet: 2000
Lot Size Dimensions: 20x100
Financial Details
Tax Annual Amount: $11,150


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

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

83-1 101st Avenue 83-1 101st Avenue, Ozone Park, NY 11416
  • 6 Units
  • 1 Unit for Sale
More about this Building
83-1 101st Avenue
Want to find out who owns 83-1 101st Avenue, Ozone Park, NY 11416? Get detailed property transactions here .

About Southwestern Queens


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