$ 3,250,000
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$3,250,000
Price -
0
Bed - Bath
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0
SqFt
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About the Listing CBE01 - 176463
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. (7.18% Cap!!!)
Listing Highlights for 99-12 - 99-16 97th St
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Air
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Parking Spaces: 8
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $13,692
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
99-12 - 99-16 97th St Ozone Park, NY 11416
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