Five-Unit Brick Apartment
For Sale
$974,999
137-16 88th Street, Queens, NY 11417
Residential, Queens, NY
Property Size3,705 SF
Lot Size0.08 Acres
Price / SF$263.16
Days on Market78
Property Features for 137-16 88th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 5, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 5
Parking features
Garage
Interior features
A/C Unit - Window
Subdivision
Ozone Park
Standard status
Active
Size
3,705 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
32524
Amenities
private driveway
garage
common laundry area
Building Details
Year built
1978
Floors in Building
3
Number of units
5
Flooring type
Hardwood, Laminate, Tile
Building materials
Brick
Roof type
Shingle
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Kathleen A. Garbarino
(718) 612-3088
Added: Jun 15
Changed: Aug 29
Last Checked: Aug 31 at 5:06AM
MLS# 502298
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Investment Insights
Based on property information with market context.
This 5-unit brick apartment property contains five 1-bedroom apartments within approximately 3,705 square feet of building area. Two apartments are vacant, while the property is currently operating at approximately a 5% cap rate. The building includes window A/C units, hardwood, tile, and laminate flooring, along with a shingle roof and separate utility services.
A private driveway and garage provide on-site parking. Residents also have access to a common laundry area, which may provide supplemental income. The property was built in 1978 and is located near Cross Bay Boulevard, transportation, shopping, restaurants, and major roadways in Queens, NY.
A private driveway and garage provide on-site parking. Residents also have access to a common laundry area, which may provide supplemental income. The property was built in 1978 and is located near Cross Bay Boulevard, transportation, shopping, restaurants, and major roadways in Queens, NY.
Key Highlights
- 5‑unit building with five 1‑bedroom apartments
- Approximately 3,705 square feet of building area
- Two units currently vacant
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,287
Businesses Nearby
Explore this area
Business Placement
Demographics for 11417, NY
31,229
Population
9,855
Households
3.2
Avg Household Size
38
Median Age
25%
College-Educated
78%
High-School Grad
1.1 sq mi
ZIP Area
28,390
Density / Sq Mi
$86,330
Median Household Income
$42,193
Median Earnings
$1,853
Median Rent
$731,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick multifamily property with a private driveway, garage, separate utilities, and shared laundry area.
Where is this apartment building located?
The property is located at 137-16 88th Street Queens, NY.
What is the asking price?
The asking price for this property is $974,999.
What are key features of this property?
This property features: 5‑unit building with five 1‑bedroom apartments; Approximately 3,705 square feet of building area; Two units currently vacant
