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    99-02 212 St Queens Village, NY 11429

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    For Sale
    $1,500,000

    Multi-Unit (2-4) - Queens Village, NY

    Property size:
    1,440 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $1,041/SF
    Added:
    Sep 19, 2025
    Days on Market:
    228
    Last Refresh:
    May 4 at 4:06 pm

    Property Features for 99-02 212 St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking features
    Garage
    Standard status
    Active
    Size
    1,440 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jean Paul Ho
    Jean Paul Ho

    Listing agent Jean Paul Ho

    Listing office BROOKLYN REAL PROPERTY INC 389 ATLANTIC AVE, Brooklyn, NY

    Listing date Sep 19, 2025

    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 located in Queens Village. The property is fully rented with tenants. Renovations were completed within the last 5 years. The building contains one 3-bedroom apartment, two 2-bedroom apartments, and one 1-bedroom apartment. The lot size is 20.17 ft x 106 ft, and the building size is 20 ft x 72 ft. It is located in an R3-2 zone. The property offers an income opportunity with a yearly rent roll of $141,540.00 and yearly expenses of $26,485, resulting in a NOI of $115,055.00 per year, with potential upside. The cap rate is 7.67%. The building has a gas boiler and gas hot water heater. The sidewalk, sewer line, and roof have been updated. 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 was applied to the side of the building two years ago. The property is being sold occupied with paying tenants, as is. There is parking in the back and a full basement. The property is near Jamaica Ave, stores, shopping, and transportation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

    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 99-02 212 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 and $115,055 net operating income.; Legal 4‑Family House: Fully rented with great paying tenants in a desirable Queens Village location.; Recently Renovated: Updated within the last 5 years, including roof, windows, and stucco.
    More about this property
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