86-08/10 Atlantic Avenue, Woodhaven NY

Woodhaven, Jamaica, New York 11416-1323

$3,250,000   $2,950,000  

Listing ID Number

25107

Property Description

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 86-08/10 Atlantic Avenue. The subject property is a 12-Unit rent-stabilized apartment building which sits on a 5,000 SF lot on the border of Woodhaven & Ozone Park.

Each unit is a two-bedroom railroad apartment. Currently, one apartment is vacant, and a total of three (3) apartments will be vacant in the comings weeks. There is significant upside to be captured throughout the building.

The building offers easy access to Manhattan & Brooklyn via the 'J' 'Z' subway line at 85th St. – Forest Pkwy, as well as the 'A' line at 80th St – Hudson St. Additionally, the Q24 bus stop is right in front of the building.

Please contact the exclusive brokers to coordinate a property inspection or to request additional information. Do not solicit the tenants for any reason.

Overview

Building Type:Apartment Buildings
Block/Lot:9020/5
Lot Sq Ft:5,000
Stories:3
Units:12
Zoning:R5
FAR:1.25
Building Sq Ft:7,500

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Daniel Abbondandolo
Director
(718) 512 2606
dan.abb@cushwake.com

Kevin Schmitz
Associate
(718) 512 2628
kevin.schmitz@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.