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99-02 212 St Queens, NY 11429

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For Sale
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Five-unit apartment building, fully rented, great income.

Property Features for 99-02 212 St

General Information

Property type
Multifamily properties

Building Details

Buildings
5
Stories
2

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Listing Contact
Jean Paul Ho
Jean Paul Ho

Listing Agency: BRP Associates Inc Listing Agent: Jean Paul Ho

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional Queens investment opportunity presents a fully rented five-unit apartment building situated on a 20.17 ft x 106 ft lot. The building itself measures 20 ft x 72 ft and boasts a desirable R3-2 zoning classification. The property comprises five apartments: one three-bedroom unit, two two-bedroom units, and two one-bedroom units. This multifamily property has undergone a complete top-to-bottom renovation within the last five years, ensuring modern amenities and reduced maintenance needs. Currently generating a substantial monthly rental income of $7,000, this property is being sold as-is, occupied with paying tenants. The building consists of five units across two stories, and is a semi-attached corner property. This presents a strong cash flow opportunity for investors seeking a stable and profitable addition to their portfolio. The property's location in Queens, New York, at 99-02 212th Street, zip code 11429, offers convenient access to local amenities and transportation. The asking price for this lucrative investment is $1,500,000.
Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

  • Map
  • Local Demand
City
Queens
County
Queens
State
New York
Longitude
-73.7469084
Latitude
40.7141814

FAQs

What type of property is this?
Multifamily property - Five-unit apartment building, fully rented, great income.
Where is this multifamily property located?
The property is located at 99-02 212 St Queens, 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: $1,500,000 asking price for this multifamily investment opportunity.; Five-building, two-story apartment complex in Queens, NY.; R3-2 zoning.
(718) 713-6888 Call to check price and availability
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