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99-02 212 St Queens, NY 11429

  • Apartment buildings
Value Estimation
Location Intelligence

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

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Queens
County
Queens
State
New York
Longitude
-73.7469
Latitude
40.7142
More about this property
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