94-12 86th ST Ozone Park, NY 11416
UPDATED:
03/08/2025 07:09 AM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY832632
Originating Board onekey2
Rental Info No
Year Built 1915
Annual Tax Amount $8,111
Lot Dimensions 50 x 100 ft
Property Sub-Type Duplex
Property Description
Come make this package deal your next project or enjoy collecting all the cash flow as is!
This 2 family home sits on a 25 x 100 ft lot immediately abutting an identical sized vacant 25 x 100 ft lot with a detached 4 car garage situated at the rear of the property. Enter the home through the welcoming front porch where you'll find a stairway to your left leading to the second floor apartment and a hallway to your right leading to the 1st floor apartment. Your 1st floor unit is a 2 bedroom/1 bathroom with an eat in kitchen, separate living area and direct backyard access. This unit is currently leased on a month to month basis for $2,300/month.
Your 2nd floor unit is a 2.5 bedroom/1 bathroom with a floorplan that almost mirrors the 1st floor but for the half bedroom which can be entered via the primary bedroom or hallway entrance (this half bedroom can also be used as a den, study or office). Both primary bedrooms in each apartment are oversized and can easily fit a king sized bed with a full bedroom set. This apartment also has exclusive attic storage access. This unit is currently vacant but was previously leased for $2,500/month. Move in today or get your next tenant!
The vacant lot next door, zoned R4-1, can be your next project to build a fantastic multifamily home! Currently, 2 commercial vehicles pay to park on this lot, plus each of the 4 car garages is rented to storage tenants (all month to month). The total monthly income for these occupants is $1,200/month.
This package deal property is right off of Atlantic Avenue and only a couple of blocks away from Rockaway Boulevard, putting you in a prime location to have all your essential needs met where grocery stores, laundry, shopping, restaurants and more are all situated nearby!
Building: 20 x 40 ft
Lot: 50 x 100 ft
Zoning: R4-1
FAR: 0.57; Max FAR: 1.5
Taxes: $8,111/Yr
Great Investment/Development Opportunity!
Location
State NY
County Queens
Rooms
Basement Full, Unfinished
Interior
Interior Features Eat-in Kitchen, High Ceilings
Heating Natural Gas, Radiant
Cooling Wall/Window Unit(s)
Flooring Hardwood
Fireplace No
Exterior
Parking Features Driveway, Garage
Garage Spaces 4.0
Fence Full
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Total Parking Spaces 6
Garage true
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools New York City Academy For Discovery
Middle Schools Jhs 210 Elizabeth Blackwell
High Schools Hs For Con, Trades, Engineer And Arc
School District Queens 27
Others
Senior Community No
Special Listing Condition None