9516-9518 87th St - Apartments FOR SALE


Ozone Park, NY 11416
$2,500,000 USD
718-663-2639
9516-9518 87th St, Ozone Park, NY for Sale
$2,500,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

9516-9518 87th St
Ozone Park, NY 11416


HIGHLIGHTS

  • Six Leased Free-Market Units Across Two Buildings
  • Parking & Storage Area Available for Tenants
  • Short Walk to Rockaway Boulevard, Atlantic Avenue, and Liberty Avenue

OVERVIEW

95-16 & 95-18 87th Street is a package of two adjacent multifamily buildings with a total of six free-market units. Each building is complete with quality construction and three-bedroom layouts across all units. Parking and storage areas are available to tenants in both buildings. The building is ideally located within a short walk to Rockaway Boulevard, Atlantic Avenue, and Liberty Avenue. It is within a three-minute walk to the 88th Street A subway station. Please contact the exclusive brokers for more information or to arrange a property inspection.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$825 USD /SF

# OF UNITS

6

PRICE/UNIT

$416,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Two FM Fully-Leased Multifamily Buildings

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2007

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R5

APN/PARCEL ID

09022-0014,09022-0015

ASK ABOUT THIS PROPERTY

Stephen PreussRipco Real EstateMore Info
718-663-2639

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Stephen PreussRipco Real EstateMore Info
718-663-2639

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