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Renovated Brick Quadplex
New
For Sale
$1,500,000

99-02 212th Street, Queens Village, NY 11429

Residential, Queens Village, NY

Property Size1,440 SF
Lot Size0.05 Acres
Price / SF$1,041
Days on Market2

Property Features for 99-02 212th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 6, Bedroom 8, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 7, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 5
Interior features Refrigerator, Stove
Basement Finished
Subdivision Queens Village
Standard status Active
Size 1,440 SF
Lot size 0.05 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 15360

Building Details

Number of units 4
Flooring type Hardwood, Laminate
Building materials Brick
Roof type Rubber
Buildings 1
Listing Agency: Brooklyn Real Property, Inc
Listed By: Michael M. Levy
Added: Nov 5 Last Checked: Nov 6 at 5:06AM
MLS# 505881

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This brick quadplex measures 20 feet by 72 feet and includes a full basement and parking at the rear. Apartment interiors have been updated, and the property has received extensive building improvements, including new windows, roof work, a gas line, electrical work, a boiler, hot water heaters, sidewalk, and sewer line. The roof was updated last year, and stucco work was completed on the building’s side two years ago.

The property is in Queens Village near Jamaica Avenue, shopping, and transportation. It is zoned R3-2 and occupies a 20.17-by-106-foot lot. The reported cap rate is 7.67%.

Key Highlights

  • Brick construction with a 20‑by‑72‑foot building footprint
  • 20.17‑by‑106‑foot lot in an R3‑2 zone
  • Rear parking and a full basement

Property Analytics

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Lease Details

5
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,948
Businesses Nearby

Demographics for 11429, NY

25,895
Population
8,601
Households
3
Avg Household Size
41
Median Age
27%
College-Educated
84%
High-School Grad
1.3 sq mi
ZIP Area
19,919
Density / Sq Mi
$98,232
Median Household Income
$45,053
Median Earnings
$1,605
Median Rent
$646,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Updated apartments and major building systems accompany rear parking and a full basement.
Where is this quadplex located?
The property is located at 99-02 212th Street 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: Brick construction with a 20‑by‑72‑foot building footprint; 20.17‑by‑106‑foot lot in an R3‑2 zone; Rear parking and a full basement
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