Updated a day ago

99-02 212th Street

Queens Village, Queens | 99th Ave & 99th Ave

20 Rooms8 Beds4 Baths2,880 Square FeetMulti-Family

$1,500,000
floors / apts2 / 4
Lot Size20'x106'
Built Size20'x72'
ZoneR3-2
Building TypeHouse
RE Taxes$15,360
Price Per SF
$521

Building Amenities

  • Voice Intercom

Property Description for 99-02 212th Street

Queens Village MINT Corner Legal 4 Family semi attached House Fully Rented with great Paying Tenants. Renovated Within the Last 5 Years from Top to Bottom. - One 3 Bedroom Apt, Two - 2 Bedroom Apts, and one - 1 Bedroom Apts. Lot size 20.17 ft x 106 ft Building size 20 ft x 72 ft R3-2 zone Great Income Opportunity Yearly Rent Roll $ 141,540.00 Expenses only $ 26,485 yr NOI $ 115,055.00 yr with upside & add on value - 7.67% Cap rate! Gas boiler gas hot water heater, sidewalk, sewer line, roof, 3 new hot water heaters All of the apartments have been updated roof have been updated last year all brand-new windows throughout the building stucco was done on the side of the building two years ago Selling Occupied with Paying Tenants. As Is. Clean! Parking in back and full basement! Near Jamaica Ave, all store & shopping plus transportation!

Monthly income: $11,795- Annual $141,540 Expenses Total: $26,485 Year Selling @ $1.5 M Cap rate 7.67%


Listing History for 99-02 212th Street

Now
05/04/2026
$1,500,000
Initial Price by Jean-Paul Ho
Brooklyn Real Property Inc.
04/28/2026
POM by Jean-Paul Ho
Brooklyn Real Property Inc.

Building Details for 99-02 212th Street

OwnershipMulti-Family
Building TypeHouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts2/4
Learn More About the Building

Contact Agent

Contact Agent

Jean-Paul Ho
Brooklyn Real Property Inc.
View this property on the company's website

Queens Village | Queens

Quick Profile

Queens Village is a mostly residential and middle class neighborhood in the borough of Queens. From cow pastures to sought after suburbs, the nabe has seen many transformations over the years, including a few name changes along the way.

Queens Village is bounded by Hollis to the west, Cambria Heights to the south, Bellerose to the east and Oakland Gardens to the north. It’s also one of the easterly neighborhoods of Queens that borders Long Island’s Nassau County.

Considered one of the oldest settlements on Long Island, Queens Village was settled in 1640 by English immigrants arriving from Connecticut. Cattle pastures and small farms soon populated the land and the area was eventually called Little Plains. In 1824 the name was changed to Brushville after blacksmith Thomas Brush, who profited from his blacksmith operations, opened more shops and a factory. The railway arrived in 1837 and transformed the area even more. In 1856, residents voted to change the neighborhood name from Brushville to Queens. The neighborhood name of Queens Village became official some time in the early 1900’s.

Queens experienced a housing boom in the 1920’s when Manhattan residents left the city in search of less crowded living conditions. New construction, especially Dutch Colonial and Tudor-style homes, were built to meet the housing demands. As you walk through the streets of Queens Village you’ll notice the many homes in this architectural style.

You won’t find too many subways in this neck of the woods. Commuters heading into Manhattan use the Long Island Railroad. MTA bus lines also service the neighborhood. 

Housing stock in Queens Village consists of single-family and two-family homes on small lots There are also a few co-ops and apartment buildings too. The average listed price in Queens Village is $281k and the median listed price is $282k.

The commercial artery is along Jamaica, Hillside and Springfield Boulevards. You’ll find plenty of restaurants and bodegas serving Jamaican, Creole, Italian, Indian, Chinese and Portuguese food.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 61395TH