Ozone Park, NY 11416,8307 101st AVE

$620,000

$695,000

10.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1,999 Sqft Lot


SOLD DATE : 02/27/2025

Key Details

Sold Price $620,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 812807

Year Built 1910

Annual Tax Amount $5,597

Lot Size 1,999 Sqft

Property Sub-Type Triplex

Property Description

Prime Development Opportunity!
Located at 8307 101st Ave, Ozone Park, this two-story, three-family home sits on a 20 x 100 ft lot with a 20 x 65 ft footprint, totaling 2400 sq ft of space, plus a full-height basement. Zoned R6B, C2-3, the property offers an additional 1,600 sq ft of unused FAR for further development. This as-is shell property requires a complete gut renovation and is available for cash or 203K financing only.

Situated in a high-traffic area with excellent visibility, it's ideal for mixed-use, or residential development.

Ozone Park is a thriving neighborhood known for its diverse community, strong transit connections, and proximity to major highways and commercial hubs. The area continues to grow, offering nearby amenities, schools, parks, restaurants, and high foot traffic, ensuring great visibility. This location is perfect for businesses or residential projects seeking prime exposure. With vast potential for expansion or transformation, this space offers a rare chance to create something unique.

Buyers and agents must conduct their own due diligence and consult with an architect to explore all potential uses of the property. Don't miss this valuable asset with substantial development potential.

Contact us today for more details!

Location

State NY

County Queens

Interior

Heating None, Other

Cooling None

Exterior

Utilities Available None

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

High Schools Queens 27

School District Queens 27

Others

Special Listing Condition None

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Listed by Glory Homes Realty • Yosef Shaul
Bought with Glory Homes Realty

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Luciane Serifovic

Luciane Serifovic

CEO & FOUNDER | License ID: 10491208575

+1(917) 567-8767

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