99-02 212 St Queens, NY 11429
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 99-02 212 St
- Property type
- Apartment buildings
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.7469
- Latitude
- 40.7142