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14661 105 Ave Queens, NY 11435

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For Sale
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7-unit apartment building, 100% occupancy.

Property Features for 14661 105 Ave

General Information

Property type
Multifamily properties

Building Details

Year Built
2017
Stories
4

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Listing Contact
Mandeep Baring
Mandeep Baring

Listing Agency: Baring Homes Listing Agent: Mandeep Baring

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

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Property Insight Report

Overview

Exceptional investment opportunity in Queens, NY, presents a well-maintained, 7-unit apartment building constructed in 2017. This four-story building boasts a 100% occupancy rate, generating a substantial net operating income (NOI) of $264,096. The property sits on a 2,025 square foot lot and is zoned R6A, C2-4. The building comprises seven beautifully designed one-bedroom apartments, each featuring modern finishes and high-quality appliances. Third and fourth-floor units offer private balconies. One unit is handicap accessible. Conveniently located near public transportation, including the subway at Archer Ave and Sutphin Blvd, ensuring easy commuting for residents. The building benefits from a 421A tax abatement program extending until 2058, offering significant long-term tax advantages. This property represents a strong cash flow opportunity with significant upside potential, making it an ideal addition to any investment portfolio. The asking price is $2,800,000. This is a rare opportunity to acquire a high-performing multifamily asset in a desirable Queens location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

Location Insight

  • Map
  • Local Demand
City
Queens
County
Queens
State
New York
Longitude
-73.803879257558
Latitude
40.695504387254

FAQs

What type of property is this?
Multifamily property - 7-unit apartment building, 100% occupancy.
Where is this multifamily property located?
The property is located at 14661 105 Ave Queens, NY.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 421-a tax abatement, 35-year term expiring 2058, includes affordable housing component.; ;
(347) 925-3860 Call to check price and availability
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