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$1,950,000
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Property Description
SIGNIFICANT PRICE IMPROVEMENT! 8% PRICE REDUCTION. MOTIVATED SELLER. PORTFOLIO INCLUDES 98-13, 15, 17 101 AVENUE. Block # 9075. Lot #s 51 and 53. This mixed-use assemblage is a very lucrative investment opportunity. The property is located on a well-traveled commercial strip in desirable Ozone Park. The location is minutes from many major arteries including Woodhaven Blvd, Atlantic Avenue, Van Wyck Expressway and Belt Parkway. It is also located minutes from JFK airport and public transportation. This investment opportunity has great upside potential, a rarity in today's market. Residential tenants have no leases. Rents are well below current market rates, another rarity in today's environment. This assemblage also provides for an excellent 1031 Exchange option. Prospective Buyers to conduct own due diligence. NEW ROOF IN 2023, 2 FULLY RENOVATED APTS, NEW REFRIGERATORS. ONGOING ADDITIONAL CAPITAL AND ROUTINE IMPROVEMENTS., Additional information: vac_perc:0, Building Size:11240
Full Property Details
Full Property Details for 98-17 101st Ave #8
General
- Sold For: $1,950,000
- Taxes: $26,000
- Status: Closed
- Type: Commercial
- Source: Long_Island
- MLS ID: L3444261
- Added to Site: 1, 157 day(s) ago
Parking
- Total Spaces: 4
Location
- County: Queens
- Cross Streets: 99 Street
- Driving Directions: GPS
School Information
- High School District: Queens 27
Heating & Cooling
- Heating Type: Hot Water, Natural Gas, Other
Utilities
- Sewer: Public Sewer
Structural Information
- Detached/Attached: Detached
- Stories/Levels: 3
- Stories in Building: 3
- Building Size: 6455
- Sq. Ft. Source: Public Records
- Year Built: 1931
Lot Features
- Lot Size (Sq. Ft.): 6,455
- Lot Dimensions: 50 x 100
- Frontage Feet: 62
- Zoning: R6B
Financial Considerations
- Tax Amount: $26,000
Disclosures and Reports
- Property ID: 09075-0051
- Block: 9075
- Lot Number: 51
Listed by NYC Home Sales
Sold by Gadura Real Estate LLC
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Schools
Schools serving 98-17 101st Ave #8
School District:New York City Geographic School District 27
| Name | Grades | Distance |
|---|---|---|
Ps 273 88-07 102nd St, Queens, NY 11418 | K-5 | 0.6 mi |
Jhs 202 Robert H Goddard 138-30 Lafayette St, Queens, NY 11417 | 6-8 | 1 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 98-17 101st Ave #8
Date
Details
Price
Change
Source
3/11/2025
Sold
$1,950,000
-11.36%
MLS
2/13/2024
Price Reduced
$2,200,000
-8.33%
MLS
11/17/2022
Listed
$2,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
98-17 101st Avenue #8, Ozone Park, NY 11416 (MLS# L3444261) is a Commercial property that was sold at $1,950,000 on March 11, 2025. Want to learn more about 98-17 101st Avenue #8? Do you have questions about finding other Commercial 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.

