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    99-02 212Th St Queens Village, NY 11429

    Sponsored
    Picture of Quadplexes at 212Th St 99-02, Queens Village, NY
    For Sale
    $1,500,000

    Multi-Unit (2-4) - Queens Village, NY

    Days on Market:
    2
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 99-02 212Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    4
    Parking features
    Garage

    Building Details

    Architectural style
    Other

    Brooklyn Real Property, Inc. (718) 875-8899 [email protected]

    Listing agent Jean Paul Ho (718) 875-8899

    Listing date Jan 4, 2026

    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

    Renovated Legal 4-Family House

    This is a renovated, semi-attached, legal 4-family house in Queens Village. The property contains one 3-bedroom apartment, two 2-bedroom apartments, and one 1-bedroom apartment. The building size is 20 ft x 72 ft, situated on a lot of 20.17 ft x 106 ft, and is zoned R3-2. The property generates a yearly rent roll of $141,540.00, with annual expenses of $26,485, resulting in a Net Operating Income (NOI) of $115,055.00, yielding a 7.67% cap rate. The gas boiler and gas hot water heater have been updated, along with the sidewalk, sewer line, and roof. 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 features parking in the back and a full basement. 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

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Queens Village
    County
    Queens
    State
    New York
    Longitude
    -73.74701
    Latitude
    40.714171

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    FAQs

    What type of property is this?
    Quadplex - Mint condition, fully rented 4-family house in Queens Village.
    Where is this quadplex located?
    The property is located at 99-02 212Th 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: $141,540 annual rent roll with a 7.67% cap rate.; - Fully Rented with paying tenants, providing immediate income.; - Recently Renovated: Updated within the last 5 years, including new roof, windows, and stucco.
    (718) 713-6888
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    99-02 212Th St Queens Village, NY 11429
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    Queens Village, NY 11429
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    99-02 212Th St Queens Village, NY 11429
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