Prime Investment Opportunity in the Heart of Ozone Park! This solid brick property in a prime location offers dual income potential with both commercial and residential units. • Commercial Space: The storefront (including basement) is currently leased to a well-established restaurant that has been operating for over 10… Read More years. The lease is secured until 2028, with a 5-year renewal option, and covers 50% of the property tax, ensuring stable and reliable income. • Residential Unit: The spacious second-floor apartment features 4 bedrooms and 4 full bathrooms, equipped with a new water boiler and heating system installed 3 years ago. • Investment Return: Offers a 5.3% cap rate. • Prime Location: Just minutes’ walk to the A-line subway, with supermarkets, restaurants, and transportation options conveniently nearby. Don’t miss this rare investment opportunity! Read Less
Listing Courtesy of Jamie Realty Group, 718-886-0668.
Listing Snapshot
Days Online
134
Last Updated
Property Type
Duplex
Full Baths
4
Square Ft.
3,040
Lot Size
0.04 Acres
Year Built
1929
MLS Number
827865
30 Days Snapshot Of 11417
$605k
-17%
(avg) sold price
3
-25%
homes sold
117
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Description: "Finished", "Full"
Building
Building Area: 3040, Construction Materials: "Brick", Year Built: 1929
Cooling
Details: "None"
Heating
Heating: "Other"
Lot
Acres: 0.0361, Dimensions: 20.58x76.33
Utilities
Sewer: "Public Sewer", Water Source: "Public", Utilities: "Natural Gas Available", "Water Available"
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The data relating to real estate for sale on this website comes courtesy of ONEKEY as distributed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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