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99-02 212Th St Queens Village, NY 11429

Sponsored
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

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.
More about this property
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