A corner mixed-use building at 77-01 101st Avenue located on the northeast corner of 101st Avenue and 77th Street in Ozone Park, Queens was sold in an all cash transaction valued at $470,000.
This 2,400 square foot brick building consists of two floors, a basement and two garages. The ground floor is occupied by a restaurant which has approximately seven years left on the lease with around four percent annual rent increases. The second floor consists of a large three bedroom apartment which will be delivered vacant.
Neighborhoods: Ozone Park/ Agents: Stephen Preuss