9534-9540 104th St - Apartments FOR SALE


Ozone Park, NY 11416
$3,500,000 USD
631-220-2860
9534-9540 104th St, Ozone Park, NY for Sale
$3,500,000 USD
Apartments - FOR SALE
1/9
null | 5.46% Cap Rate

9534-9540 104th St
Ozone Park, NY 11416


HIGHLIGHTS

  • corner property
  • fully rented

OVERVIEW

Welcome to 95-34/36/38/40 104th Street, Jamaica, NY, where a unique opportunity awaits you with four multifamily townhomes. This exceptional property comprises four 2- family homes on a single lot. Each townhome boasts two distinct apartments, offering versatile living spaces for residents. With a total of 8 units, this property presents an excellent investment opportunity in the vibrant neighborhood of Jamaica, Queens. The financials of this investment property further underscore its appeal. The Owner Operating Income stands at $217,800. Owner Operating Expenses $26,715, ensuring a well-maintained and profitable investment. The Net Operating Income of $191,085 showcases the financial viability and long-term value of this property.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$568 USD /SF

# OF UNITS

8

PRICE/UNIT

$437,500

CAP RATE

5.46%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R4-1

APN/PARCEL ID

09383-0022,09383-0023

ASK ABOUT THIS PROPERTY

Devang PatelDouglas Elliman CommercialMore Info
631-220-2860

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Devang PatelDouglas Elliman CommercialMore Info
631-220-2860

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