Skip to main content

Multifamily

89-07 N Conduit Ave

89-07 N Conduit Ave, Queens, NY 11417

Listing Price: $2,799,999

Cap Rate
5.20%
GRM
10.78
Price/Gross SF
$213.74
Gross SF
13,100

Investment Overview

Marcus & Millichap is proud to present for sale 89-07 N Conduit Avenue ("Subject property"), a multifamily property located in Ozone Park, NY.

The subject property rests on a 0.19-acre parcel with approximately +/- 13,100 square feet of space. This property has ten (10) free market apartments, with five (5) two-bedroom units and five (5) one-bedroom units. The two-bedroom units are approximately 925 square feet, and the one-bedroom units are approximately 825 square feet. The subject property has three (3) two-car garages in the front, one (1) single garage in the rear, and surface parking spaces on the side. The subject property is also near the NYC “A” subway line. The subject property is ideally located near numerous demand drivers like the Resorts World New York City and Aqueduct Racetrack.

The area demographics paint a picture of opportunity – over 554,000 people live within a three miles radius and an average household income is well over $90,000. Additional information is available upon request.

Investment Highlights

  • The subject property rests on a 0.19-acre parcel with approximately +/- 13,100 SF
  • This property has ten (10) free market apartments, with five (5) 2BR units and five (5) 1BR units.
  • The two-bedroom units are 925 square feet and the one-bedroom units are 825 square feet.
  • Property has three (3) two-car garages in the front, one (1) single garage in the rear, and surface parking spaces on the side

Exclusively Listed By

Multifamily

89-07 N Conduit Ave

Listing Price: $2,799,999

Cap Rate
5.20%
GRM
10.78
Price/Gross SF
$213.74
Gross SF
13,100

Investment Highlights

  • The subject property rests on a 0.19-acre parcel with approximately +/- 13,100 SF
  • This property has ten (10) free market apartments, with five (5) 2BR units and five (5) 1BR units.
  • The two-bedroom units are 925 square feet and the one-bedroom units are 825 square feet.
  • Property has three (3) two-car garages in the front, one (1) single garage in the rear, and surface parking spaces on the side

Investment Overview

Marcus & Millichap is proud to present for sale 89-07 N Conduit Avenue ("Subject property"), a multifamily property located in Ozone Park, NY. The subject property rests on a 0.19-acre parcel with approximately +/- 13,100 square feet of space. This property has ten (10) free market apartments, with five (5) two-bedroom units and five (5) one-bedroom units. The two-bedroom units are approximately 925 square feet, and the one-bedroom units are approximately 825 square feet. The subject property has three (3) two-car garages in the front, one (1) single garage in the rear, and surface parking spaces on the side. The subject property is also near the NYC “A” subway line. The subject property is ideally located near numerous demand drivers like the Resorts World New York City and Aqueduct Racetrack. The area demographics paint a picture of opportunity – over 554,000 people live within a three miles radius and an average household income is well over $90,000. Additional information is available upon request.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower