99-02 212th Street Queens, NY 11429
- Added:
- Jan 26, 2026
- Days on Market:
- 73
- Last Refresh:
- Apr 9 at 7:06 pm
Property Features for 99-02 212th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3-2
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2
- Interior features
- Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 1,440 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 15360
Building Details
- Year built
- 1931
- Number of units
- 4
- Flooring type
- Hardwood, Linoleum
- Building materials
- Brick
- Roof type
- Rubber
Listing agent Jean P Ho (718) 875-8899
Listing office Brooklyn Real Property Inc. 389 Atlantic Avenue, Brooklyn, NY (718) 875-8899
Listing date Jan 26, 2026
MLS# 498624
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 Four-Family House
Located in Queens Village, this semi-attached four-family house is fully rented with tenants. The building has been renovated from top to bottom within the last 5 years. It features 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, presenting an income opportunity. The yearly rent roll is $141,540.00, with expenses of $26,485 per year, resulting in a net operating income (NOI) of $115,055.00 per year, with potential for upside and added value, yielding a 7.67% cap rate. The property includes a gas boiler, gas hot water heater, sidewalk, sewer line, and roof. 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 is clean and includes parking in the back and a full basement. The property is located near Jamaica Ave, stores, shopping, and transportation.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.747045
- Latitude
- 40.71421
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fully rented, renovated four-family house in Queens Village.
Where is this quadplex located?
The property is located at 99-02 212th Street Queens, 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 Net Operating Income (NOI) per year with a 7.67% cap rate.; Fully Rented: Currently occupied with paying tenants, providing immediate income.; Recently Renovated: Renovated within the last 5 years, including updated apartments and a new roof.
