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109-10 97th Street, Ozone Park, NY 11417
$1,900,000
109-10 97th Street, Ozone Park, NY 11417View this property at 109-10 97th Street, Ozone Park, NY 11417
109-10 97th StreetOzone ParkNY11417
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Property Description
Attention Investors! Introducing a splendid, fully detached oversized 5-family brick house in the Ozone Park neighborhood. The entire building has been luxuriously renovated from top to bottom, including water pipes, gas pipes, electrical wiring, doors, windows, roof, and exterior walls. This property has living area 5,304 SQFT on lot 4000 SQFT. Building size: 26' x 68' on a lot measuring 40' x 100'. Annual property taxes are $15,509. Both the first and second floors feature front and rear units, each offering generous 2-bedroom layouts with 1 bathroom, kitchen and a living room, and the ceiling over 9 feet height. The full-finished basement is a standout feature; it's a legal single unit with 4 bedrooms, 2 full bathrooms, and an impressive ceiling height of 8 feet. Each kitchen is equipped with granite countertops and brand-name stainless steels appliances. ALL UNITS ARE FREE MARKET RENT, WITH NO RENT CONTROLS AND RENT STABILIZED. The annual market rent for the entire building is approximately $192,000 with annual expenses totaling $25,109. The annual net income is $166,891 resulting in a 8% cap rate. The property features five separate two-in-one water heaters and boilers, 5 gas meters, and 6 electric meters. Public transportation options include the Q11, Q41, Q52-SBS, Q53-SBS, and the A train on Rockaway Blvd. This property offers convenience and flexibility for all residents. Whether you're an investor or looking for a multi-family home, this impressive brick house presents a wealth of opportunities.
Full Property Details
Full Property Details for 109-10 97th St
General
- Sold For: $1,900,000
- Taxes: $15,509
- Status: Closed
- Type: Multi-Family
- MLS ID: 3528425
- Added to Site: 102 day(s) ago
Interior
- Number of Rooms: 23
- Appliances: Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 12
Parking
- Parking Features: None
Location
- County: Queens
- Township: Queens
- Cross Streets: 109th Ave
- Driving Directions: Use GPS
School Information
- Elem School District: Queens 27
- Midd School District: Queens 27
- High School District: Queens 27
- Elementary School: Ps 108 Capt Vincent G Fowler
- Middle School: Ms 137 America'S School-Heroes
- High School: John Adams High School
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Heating Type: Natural Gas, Hot Water
- Water Heater: Gas Stand Alone
Utilities
- Sewer: Other
- Water: See Remarks
Structural Information
- Architectural Style: Other
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, See Remarks
- Common Walls: No Common Walls
- Building Size: 5304
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 4,000
- Lot Size Source: Other
- Lot Dimensions: 40 x 100
- Zoning: R4A
Financial Considerations
- Tax Amount: $15,509
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1%
- Inclusions: A/C Units, Microwave, Refrigerator
- Property ID: 09174-0053
- Block: 9174
- Lot Number: 53
Listed by RE/MAX Edge
Sold by E Realty International Corp
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Schools
Schools serving 109-10 97th St
School District:New York City Geographic District #27
Rating | Name | Grades | Distance |
---|---|---|---|
10810 109th Ave, S Ozone Park, NY 11420 | PK-5 | 0.5 mi | |
10915 98th St, Ozone Park, NY 11417 | 6-8 | 0.1 mi | |
10101 Rockaway Blvd, Ozone Park, NY 11417 | 9-12 | 0.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 109-10 97th St
Date
Details
Price
Change
Source
4/17/2024
Sold
$1,900,000
-9.44%
MLS
1/30/2024
Listed
$2,098,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
109-10 97th Street, Ozone Park, NY 11417 (MLS# 3528425) is a Multi-Family property that was sold at $1,900,000 on April 17, 2024. Want to learn more about 109-10 97th Street? Do you have questions about finding other Multi-Family real estate for sale in Ozone Park? You can browse all Ozone Park real estate or contact a Coldwell Banker agent to request more information.