Multi-Family Building with Basement
3821 99th Street New York, NY 11368
For Sale
Contact for pricing
This multi-family apartment building includes nine residential units plus a basement unit, positioned as an income-producing Corona property.
Days on Market130
Property Features for 3821 99th Street
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 2004
Listing Agency:
Lin Pan Realty Group LLC
(646) 785-1699
Listed By:
Qian Huang
Source:
Crexi
Added: Mar 17
Changed: Jul 23
Last Checked: Jul 23 at 6:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lin Pan Realty Group LLC
Investment Insights
Based on property information with market context.
This multi-family apartment building includes nine residential units along with an additional basement unit. The property is positioned as an income-producing asset with in-place rental operations. Based on the provided figures, it generates approximately $224,688 in annual gross operating income, including about $24,888 from the basement unit and about $199,800 from the nine residential units. Operating expenses are listed at approximately $32,000 annually, resulting in an estimated net operating income (NOI) of approximately $192,688.
Located in Corona, Queens, the property is described as benefiting from strong tenant demand and proximity to public transportation and local retail corridors, with easy access to surrounding areas including Flushing and Jackson Heights.
Located in Corona, Queens, the property is described as benefiting from strong tenant demand and proximity to public transportation and local retail corridors, with easy access to surrounding areas including Flushing and Jackson Heights.
Key Highlights
- 9 residential units plus a basement unit in a multi‑family building
- Year built 2004
- Approx. $224,688 annual gross operating income, including $24,888 from the basement unit and $199,800 from nine residential units
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - This multi-family apartment building includes nine residential units plus a basement unit, positioned as an income-producing Corona property.
Where is this apartment building located?
The property is located at 3821 99th Street New York, NY.
What is the asking price?
The asking price for this property is $3,780,000.
What are key features of this property?
This property features: 9 residential units plus a basement unit in a multi‑family building; Year built 2004; Approx. $224,688 annual gross operating income, including $24,888 from the basement unit and $199,800 from nine residential units
