104-35 102 STREET

For Sale - Queens - Ozone Park

$7,950,000

Net Operating Income: $437,110

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Key Details

Property Type
MultiFamily
Neighborhood
Ozone Park
Property Dimensions
95.0 x 75.0
Property Area
25,980 sq.ft.
Total Units:
32
Stories:
4
NOI
$437,110
Price
$7,950,000

Listing Description

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of The Richmond Arms Apartments in Ozone Park, Queens. The subject property is a prewar 33-unit apartment building located at 104-35 102nd Street between Liberty Avenue and Rockaway Boulevard. The property is offered at a 5.5% cap rate at the asking price.

Property Details

Block/Lot:
9523/51
Lot Dimensions
108.0 x 100.0
Lot Area
10,800 sq.ft
Zoning:
R4
FAR as Built:
2.41
Max FAR:
2.0
Stephen PreussCushman & Wakefield
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Sales & Transactions

AddressSale PriceSale DateProperty Type
130-21 131ST AVENUE$570,00007/25/2018MultiFamily
132-01 135 AVE$760,00006/26/2018MultiFamily
10919 CENTERVILLE STREET$840,00005/31/2018MultiFamily
95-11 76TH STREET$630,00005/29/2018MultiFamily
90-02 97TH AVENUE$900,00005/23/2018MultiFamily
115-09 115TH ST$670,00005/15/2018MultiFamily
94-09 77TH STREET$632,00005/08/2018MultiFamily
81-51 102ND ROAD$972,00005/01/2018MultiFamily
HURON STREET$300,00004/25/2018MultiFamily
90-28 PITKIN AVENUE$800,00004/10/2018MultiFamily