99-02 212 St Queens Village, NY 11429
- Added:
- Sep 19, 2025
- Days on Market:
- 195
- Last Refresh:
- Apr 1 at 9:06 am
Property Features for 99-02 212 St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Garage
- Standard status
- Active
- Size
- 1,440 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- TaxAnnualAmount
- 0
Building Details
- Architectural style
- Other
Listing agent Jean Paul Ho (718) 875-8899
Listing office BROOKLYN REAL PROPERTY INC 389 ATLANTIC AVE, Brooklyn, NY (718) 875-8899
Listing date Sep 19, 2025
MLS# 11577697
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Queens Village Legal Four-Family House
This is a legal four-family, semi-attached house located in Queens Village. The property is fully rented with tenants. Renovations were completed within the last 5 years. The building contains one 3-bedroom apartment, two 2-bedroom apartments, and one 1-bedroom apartment. The lot size is 20.17 ft x 106 ft, and the building size is 20 ft x 72 ft. The property is zoned R3-2. The annual rent roll is $141,540.00, with annual expenses of $26,485, resulting in a net operating income of $115,055.00 per year, yielding a 7.67% cap rate. The property features a gas boiler and gas hot water heater. Sidewalk, sewer line, and roof have been updated. Three new hot water heaters have been installed. All apartments have been updated, and the roof was updated last year. New windows have been installed throughout the building, and stucco work was completed on the side of the building two years ago. The property is being sold occupied with paying tenants, in as-is condition. It has a full basement and parking in the back. The property is located near Jamaica Ave, with access to stores, shopping, and transportation.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Queens Village
- County
- Queens
- State
- New York
- Longitude
- -73.74701
- Latitude
- 40.714171
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Mint condition, fully rented four-family house in Queens Village.
Where is this quadplex located?
The property is located at 99-02 212 St Queens Village, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: High Income Potential: $115,055 NOI, 7.67% cap rate with $141,540 annual rent roll.; Fully Rented with Great Paying Tenants: Enjoy a consistent income stream.; Recently Renovated: New roof, windows, and stucco updated within the last 5 years.
