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Commercial Sale in Ozone Park, New York, Queens, NY 11416 | Web ID: 881682 | $3,650,000

 
Commercial Sale in New York - 97th  Queens, NY 11416Commercial Sale 97th  Queens, NY 11416, MLS-881682-2Commercial Sale 97th  Queens, NY 11416, MLS-881682-3Commercial Sale 97th  Queens, NY 11416, MLS-881682-4Commercial Sale 97th  Queens, NY 11416, MLS-881682-5Commercial Sale 97th  Queens, NY 11416, MLS-881682-6Commercial Sale 97th  Queens, NY 11416, MLS-881682-7Commercial Sale 97th  Queens, NY 11416, MLS-881682-8Commercial Sale 97th  Queens, NY 11416, MLS-881682-9Commercial Sale 97th  Queens, NY 11416, MLS-881682-10Commercial Sale 97th  Queens, NY 11416, MLS-881682-11Commercial Sale 97th  Queens, NY 11416, MLS-881682-12Commercial Sale 97th  Queens, NY 11416, MLS-881682-13Commercial Sale 97th  Queens, NY 11416, MLS-881682-14Commercial Sale 97th  Queens, NY 11416, MLS-881682-15Commercial Sale 97th  Queens, NY 11416, MLS-881682-16Commercial Sale 97th  Queens, NY 11416, MLS-881682-17Commercial Sale 97th  Queens, NY 11416, MLS-881682-18Commercial Sale 97th  Queens, NY 11416, MLS-881682-19Commercial Sale 97th  Queens, NY 11416, MLS-881682-20Commercial Sale 97th  Queens, NY 11416, MLS-881682-21Commercial Sale 97th  Queens, NY 11416, MLS-881682-22Commercial Sale 97th  Queens, NY 11416, MLS-881682-23Commercial Sale 97th  Queens, NY 11416, MLS-881682-24Commercial Sale 97th  Queens, NY 11416, MLS-881682-25Commercial Sale 97th  Queens, NY 11416, MLS-881682-26Commercial Sale 97th  Queens, NY 11416, MLS-881682-27Commercial Sale 97th  Queens, NY 11416, MLS-881682-28Commercial Sale 97th  Queens, NY 11416, MLS-881682-29Commercial Sale 97th  Queens, NY 11416, MLS-881682-30Commercial Sale 97th  Queens, NY 11416, MLS-881682-31Commercial Sale 97th  Queens, NY 11416, MLS-881682-32
 

Property Description

Calling All Investors, Developers & End-users!!! 100% Occupied 5 Unit Free Market Mixed-use Building In Ozone Park For Sale!!! The Building Features Excellent Signage, Great Exposure, 8 Parking Spaces, High 11’ Ceilings, R4-1 Zoning, (3) 2 Br. Apts., Elevator, All New Led Lighting, 3 Phase Power, Cac, +++!!! The Property Is Located In The Heart Of Ozone Park 2 Blocks Off Woodhaven Blvd.!!! Neighbors Include Chase Bank, Nissan, The Home Depot, Stop & Shop, Cubesmart Self Storage, Safeguard Self Storage, Marshalls, Raymour & Flanigan, Cvs, Taco Bell, Mcdonald’s, Dollar Tree, Subway, Rite Aid, Pizza Hut, Kfc, +++!!! The Building Has 62+ Feet Of Frontage On 97th Street!!! This Property Offers Huge Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Ll: Wine Distributor (1, 800 Sqft.): $45, 600 Ann.; M-m.; Been Here 15+ Years. 1st Floor: Medical Office (1, 800 Sqft.): $50, 400 Ann.; Lease Exp. 5/26/26. No Options. Been Here Since 2017. 2nd Floor: Apt 1. (2 Br. Apt.; 1, 600 Sqft.): $48, 600 Ann. 3rd Floor: Apt. 2 (2 Br. Apt.; 1, 600 Sqft.): $48, 600 Ann. 4th Floor: Apt. 3 (2 Br. 2, 400 Sqft. Penthouse + 200 Sqft. Terrace): $57, 600 Ann. Medical Office Tax Rebate: $3, 000 Ann. Gross Income: $253, 800 Ann. Expenses: Gas: $0 Ann. Electric: $860 Ann. (hallway Only) Maintenance & Repairs: $250 Ann. Insurance: $3, 276 Ann. Water & Sewer: $2, 400 Ann. Trash: $0 Ann. Taxes: $13, 692 Ann. Total Expenses: $20, 478 Ann. Net Operating Income (noi): $233.322 Ann. (6.39% Cap!!!)

Property Information

Location/Town New York
Area/County Queens
Post Office/Postal City Ozone Park
Prop. Type Commercial Sale
Tax $13,692.00
# Stories 5
Year Built 2006
Construction Block, Other
Total Units 5
Lot SqFt 3,129
Cooling Central Air
Heat Source Natural Gas
Util Incl Natural Gas Available, See Remarks
Days On Market 8
Tax Lot 108
Units 5
Listing information courtesy of: All Island Estates Realty Corp

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