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Property profile & analytics

4019 99th St Flushing, NY 11368-2233

  • Apartment buildings
  • 12,480 SF
  • 0.11 lot acres
OFF-MARKET
Value Estimations
$1,875,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-3584642
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Apartment buildings

Property Details for 4019 99th St

Year built
1931
Lot size
0.11 lot acres
Property size
12,480 SF
Zone code
R6B
Property type
Apartment buildings
APN
01608-0053
APU
16080053

Description

This exceptional 21-unit multifamily building presents a compelling investment opportunity in the rapidly developing Corona, Queens neighborhood. Strategically located just minutes from LaGuardia Airport and within blocks of the burgeoning commercial development at Willets Point, this property enjoys unparalleled access to major transportation arteries and a wealth of amenities. Its proximity to PS 19Q ensures a consistent tenant pool, while its location across from the school and close to Roosevelt Avenue provides easy access to the 7 train subway line, a wide array of restaurants, and numerous other local conveniences. The property sits on a 0.11-acre lot, offering a solid foundation for future growth and potential expansion. The building currently generates rental income, making it an attractive proposition for investors seeking a stable and appreciating asset. This is a rare chance to acquire a well-positioned multifamily property in a high-growth area with significant upside potential. The combination of its prime location, strong rental income, and proximity to major transportation hubs and commercial development makes this an exceptional investment opportunity not to be missed. The building's established tenant base and convenient location contribute to its strong financial performance and long-term viability. This is a turnkey investment ready to generate immediate returns. Serious inquiries only.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,941,000
    Market price range: $1.94M - $3.70M
  • Alternative Use

    Use
    Estimation
    APARTMENT HOUSE (5+ UNITS)
    $2,755,000
    Current use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Flushing
County
Queens
State
New York
Longitude
-73.866
Latitude
40.749
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$55,134
$67,500
$373,500
$441,000
-
$150,000
$830,000
$980,000
More about this property
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