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95-20 222nd Street, New York, NY, 11249

95-20 222nd Street

$10,000,000

Key Information

Cap Rate
8.6%
$ per SF
$102
Tot. SF
98,116
Lot Size
0.74 Acres
Units
104
Type
Apartments
NOI
$855,604

Highlights

• 104-Unit Elevator Multifamily: Seven story apartment building totaling approximately 98,116 square feet, offering meaningful scale in the Queens Village submarket.
• Substantial Site Presence: The building occupies a prominent corner with 385 feet of frontage, reinforcing its institutional scale and visibility.
• Stable In-Place Revenue: The property currently generates $2,000,000+ in gross revenue with strong collections history.
• Light & Air: The property benefits from light and air on all four sides
• Large Unit Layouts: Generously sized apartments (averaging 825+ SF) and practical layouts provide flexibility for families, apartment shares, and long-term residents
• Consistent Residential Demand: The property’s combination of large units, transit access, neighborhood retail, and proximity to major employment centers supports a broad and stable tenant base.
• Highly Accessible Queens Village Location: Conveniently located near the Queens Village Long Island Railroad (LIRR) station, providing residents with direct access to Jamaica and Manhattan.
• Neighborhood Convenience: Residents benefit from proximity to Jamaica Avenue, with nearby shopping, grocery, restaurants, schools, and everyday services.

Photos

Location

Agents

Broker of Record

Cory Rosenthal

License # 10311210106, 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017