98120 Queens Blvd - Apartments FOR SALE


Rego Park, NY 11374
$350,000 USD
914-804-8693
98120 Queens Blvd, Rego Park, NY for Sale
$350,000 USD
Apartments - FOR SALE
1/56
null | Request Cap Rate

98120 Queens Blvd
Rego Park, NY 11374


OVERVIEW

A unique commercial offering in the distinguished prewar building The Virginia, ideally located on Queens Boulevard—one of New York City’s major thoroughfares. This one-of-a-kind suite features a private entrance and is part of a collection of four contiguous commercial units (1B, 1C, 1F, and 1G) currently available for sale. Formerly used by a single professional client, these units may be able to convert back to residential use. Unit 1C is the largest of the group and includes a dedicated private entrance just to the left of the main lobby. The other units are internally accessible through connecting doors. Units 1C and 1B share a wall, offering the potential to create a larger, integrated space by opening the partition. Positioned at the crossroads of Forest Hills and Rego Park, this space benefits from exceptional visibility, strong foot traffic, and unparalleled accessibility. The R and M subway lines, Long Island Rail Road (LIRR), and Q60 Bus line are just steps from the front door. Major highways are nearby, and street parking is easy to find. The building also features a 24-hour video intercom system and a live-in superintendent. Monthly Maitenace and assessments (Ends Deccember 2025) for these units are as follows: (1C, $1239, $363.15), (1F, 966.42, 283.26) and (1G, $619.50, $181.58) and 1B, $1003.61, $294.19. SELLERS WILL PAY OFF THE ASSESSMENT AT CLOSING.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$4 USD /SF

# OF UNITS

63

PRICE/UNIT

$5,556

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Virginia

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1939

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,998 SF

ZONING

R7-1

APN/PARCEL ID

03159-0070-00098-120-000006H,03159-0070-00098-120-000006K

ASK ABOUT THIS PROPERTY

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914-804-8693

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George JohnCentury 21 RoyalMore Info
914-804-8693

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