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Two FM Fully-Leased Multifamily Buildings 9516-9518 87th St

6 Unit Apartment Building $3,543,675 CAD ($590,612 CAD/Unit) Ozone Park, NY 11416

Investment Highlights

  • Six Leased Free-Market Units Across Two Buildings
  • Short Walk to Rockaway Boulevard, Atlantic Avenue, and Liberty Avenue
  • Parking & Storage Area Available for Tenants

Executive Summary

95-16 & 95-18 87th Street is a package of two adjacent multifamily buildings with a total of six free-market units. Each building is complete with quality construction and three-bedroom layouts across all units. Parking and storage areas are available to tenants in both buildings.
The building is ideally located within a short walk to Rockaway Boulevard, Atlantic Avenue, and Liberty Avenue. It is within a three-minute walk to the 88th Street A subway station.
Please contact the exclusive brokers for more information or to arrange a property inspection.

Property Facts

Price $3,543,675 CAD
Price Per Unit $590,612 CAD
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.06 AC
Building Size 3,031 SF
Average Occupancy 100%
No. Stories 3
Year Built 2007
Parking Ratio 0.66/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+3 6 - 900
Walk Score ®
Very Walkable (83)
Transit Score ®
Excellent Transit (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R5
R5
  • Listing ID: 32768478

  • Date on Market: 2024-08-12

  • Last Updated:

  • Address: 9516-9518 87th St, Ozone Park, NY 11416

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