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$620,000
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Property Description
Prime Development Opportunity! Located at 8307 101st Ave, Ozone Park, this two-story, three-family home sits on a 20 x 100 ft lot with a 20 x 65 ft footprint, totaling 2400 sq ft of space, plus a full-height basement. Zoned R6B, C2-3, the property offers an additional 1,600 sq ft of unused FAR for further development. This as-is shell property requires a complete gut renovation and is available for cash or 203K financing only. Situated in a high-traffic area with excellent visibility, it's ideal for mixed-use, or residential development. Ozone Park is a thriving neighborhood known for its diverse community, strong transit connections, and proximity to major highways and commercial hubs. The area continues to grow, offering nearby amenities, schools, parks, restaurants, and high foot traffic, ensuring great visibility. This location is perfect for businesses or residential projects seeking prime exposure. With vast potential for expansion or transformation, this space offers a rare chance to create something unique. Buyers and agents must conduct their own due diligence and consult with an architect to explore all potential uses of the property. Don't miss this valuable asset with substantial development potential. Contact us today for more details!
Full Property Details
Full Property Details for 83-07 101st Ave
General
- Sold For: $620,000
- Taxes: $5,597
- Status: Closed
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 812807
- Added to Site: 403 day(s) ago
Interior
- Interior Features: Other
Location
- County: Queens
School Information
- High School District: Queens 27
Heating & Cooling
- Cooling Type: None
- Heating Type: None, Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: None
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement
- Building Size: 2408
- Square Feet: 2,408
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.0459
- Lot Size (Sq. Ft.): 2,000
Financial Considerations
- Tax Amount: $5,597.32
Disclosures and Reports
- Special Conditions: None
- Property ID: 09054-0096
- Block: 9054
- Lot Number: 96
Listed and Sold by Glory Homes Realty
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Schools
Schools serving 83-07 101st Ave
School District:New York City Geographic School District 27
| Name | Grades | Distance |
|---|---|---|
Ps 64 Joseph P Addabbo 82-01 101st Ave, Queens, NY 11416 | K-5 | 0.1 mi |
Jhs 210 Elizabeth Blackwell 93-11 101st Ave, Queens, NY 11416 | 6-8 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 83-07 101st Ave
Date
Details
Price
Change
Source
2/27/2025
Sold
$620,000
-10.79%
MLS
1/13/2025
Listed
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8307 101st Avenue, Ozone Park, NY 11416 (MLS# 812807) is a Multi-Family property that was sold at $620,000 on February 27, 2025. Want to learn more about 8307 101st Avenue? 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.

