Legal 4-Family Corner
99-02 212 St Queens Village, NY 11429
99-02 212 St, Queens Village, NY, 11429
$1,500,000
For Sale
$1,500,000
MULTI_FAMILY - Queens Village, NY
Property Size1,440 SF
Lot Size0.05 Acres
Price / SF$1,041
Days on Market306
Property Features for 99-02 212 St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 7, Bathroom 3, Bedroom 8, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 4
- Standard status
- Active
- Lot size
- 0.05 Acres
Listing Agency
BROOKLYN REAL PROPERTY INC
(718) 875-8899
389 ATLANTIC AVE, Brooklyn, NY
Listed by
Jean Paul Ho
(718) 875-8899
Added: Sep 19, 2025 Updated: Jul 2 at 5:05 pm Checked: Jul 21 at 5:06 am
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.
Investment Insights
Based on property information with market context.
This legal 4-family, semi-attached corner home is configured with one 3-bedroom unit, two 2-bedroom units, and one 1-bedroom unit. The property was renovated within the last five years, including brand-new windows throughout and recent building updates such as a roof update last year. The gas heating system includes a gas boiler and gas hot water heater, with three new hot water heaters. Additional improvements cited include sidewalk work, a sewer line update, and stucco on the side of the building completed two years ago. The home includes parking in the rear and a full basement.
The property is located in Queens Village and is described as near Jamaica Ave with nearby stores, shopping, and transportation options. It sits on a 20.17 ft x 106 ft lot with a building size of 20 ft x 72 ft, and it is listed in the R3-2 zoning district.
The building is sold occupied and is reported to be fully rented with paying tenants. Provided figures include yearly rent of $141,540 with annual expenses of $26,485, resulting in an NOI of $115,055. The listing is offered as-is, and the stated capitalization rate is 7.67% based on the information included in the remarks.
The property is located in Queens Village and is described as near Jamaica Ave with nearby stores, shopping, and transportation options. It sits on a 20.17 ft x 106 ft lot with a building size of 20 ft x 72 ft, and it is listed in the R3-2 zoning district.
The building is sold occupied and is reported to be fully rented with paying tenants. Provided figures include yearly rent of $141,540 with annual expenses of $26,485, resulting in an NOI of $115,055. The listing is offered as-is, and the stated capitalization rate is 7.67% based on the information included in the remarks.
Key Highlights
- Legal 4‑family semi‑attached in Queens Village, fully rented with paying tenants (selling occupied).
- Unit mix: one 3‑bedroom, two 2‑bedroom, and one 1‑bedroom apartments.
- Reported yearly rent roll of $141,540 with expenses totaling $26,485 and NOI of $115,055.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fully rented, recently renovated four-unit home with a mix of 1- to 3-bedroom apartments, basement, and rear parking.
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: Legal 4‑family semi‑attached in Queens Village, fully rented with paying tenants (selling occupied).; Unit mix: one 3‑bedroom, two 2‑bedroom, and one 1‑bedroom apartments.; Reported yearly rent roll of $141,540 with expenses totaling $26,485 and NOI of $115,055.
