9214-9216 95th Ave - Apartments FOR SALE


Ozone Park, NY 11416
$2,750,000 USD
718-215-1500
9214-9216 95th Ave, Ozone Park, NY for Sale
$2,750,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

9214-9216 95th Ave
Ozone Park, NY 11416


HIGHLIGHTS

  • One Block from Major Intersection of Atlantic Avenue and Woodhaven Boulevard - 55,000 AADT
  • Commercial Unit and (7) Free Market Residential Units
  • Surrounded By National Retailers Such As Stop & Shop, CVS, Dunkin’, Pizza Hut, Burger King, GameStop, & More
  • All Units are Free Market
  • Buildings have been renovated, separate boilers, hot water heaters and meters for all tenants

OVERVIEW

2 buildings being sold as a package. Building 1 is Mixed-Use with 2 Apartments and a Store. Building 2 is a 5 Family Apartment Building. All apartments are free market with no rent stabilization or control. The Package combines for 1 Store and 7 Apartments. Both Buildings have been recently renovated and in Excellent Condition. All tenants have Month to Month Leases with rents significantly below market, leaving the new owner with tremendous immediate upside potential.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$314 USD /SF

# OF UNITS

8

PRICE/UNIT

$343,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Price Reduced! 7 FM Apts + Store-Huge Upside!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

R5 / C1-3

APN/PARCEL ID

09032-0007

ASK ABOUT THIS PROPERTY

Brian SarathCushman & WakefieldMore Info
718-215-1500

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Brian SarathCushman & WakefieldMore Info
718-215-1500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.