Status: Available

38-19 99TH Street, #NA

Jackson Heights

$2,470,000
 |  7 Beds  |  7.5 Baths  |  5,180SF

Description

Prime investment opportunity in the heart of Corona Queens. Fully occupied 4-story mixed use solid brick building, constructed in 2005. The building is comprised of seven one bedroom apartments, with two units per floor, and two community facilities, located on the ground floor and the fully finished basement, with an accessible roof deck and backyard garden. There is a sprinkler system installed in the building.

Each unit comes individually metered with separate and a total of nine individual hot water tanks and boilers. Each apartment measures approx. 550SF. The four units on the 3rd and 4th floors each come with a private outdoor terrace.

All units can be delivered occupied with long term tenants paying on time. There is potential for rent increase. There is a Tax Abatement in place until 2030! Cap Rate approximately 5%+.

Conveniently located close to all major shops, restaurants, and transportation. Just a few short blocks from either the Junction Blvd or 103 St-Corona Plaza stops on the 7-train line, and less than a block off of Roosevelt Avenue. Listing courtesy of Douglas Elliman Real Estate

Property Details

  • other

Amenities

  • WasherDryerAllowed; Pets: UnitNo
  • BuildingNo

The Neighborhood

Jackson
Heights
Clinton Hill

For information on 38-19 99TH Street, #NA contact:

realtor top real estate agent

Michael Caviness

Licensed RE Salesperson

512-909-7314

Licensed RE Salesperson
michaelc@brickandmortar.com
512-909-7314

realtor top real estate agent

B&M Sales

Licensed RE Salesperson

718.599.0869

Licensed RE Salesperson
sales@brickandmortar.com
718.599.0869

Listing courtesy of Douglas Elliman Real Estate
The First Name field is required.
The Last Name field is required.
The Email field is required.
The Mobile Number field is required..

Similar Properties

Jackson Heights Condo for sale

35-20 Leverich Street 303

1 Bd 1 Ba  |  873 SF  |  $548,000
Jackson Heights

Jackson Heights Co-op for sale

35-50 82nd Street 6F

1 Bd 1 Ba  |  0 SF  |  $300,000
Jackson Heights

Jackson Heights Co-op for sale

81-05 35TH Avenue 6H

0 Bd 1.0 Ba  |  0 SF  |  $265,000
Jackson Heights