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10702 101st Ave 2,745 SF 100% Leased Retail Building Ozone Park, NY 11416 $2,000,000 ($728.60/SF) 6.50% Cap Rate



Executive Summary
Beautiful Corner Mixed-Use Building – 4 Residential Units + Coffee Shop + Garages Prime investment opportunity! This beautiful corner building features four spacious residential apartments, a fully leased 750 sq ft coffee shop, and four rented garages in the rear—providing multiple streams of income. Located in a high-demand area near transportation and amenities, the property offers: ** 4 well-maintained apartments with stable tenants ** Popular 750 sq ft corner coffee shop with great visibility and foot traffic ** 4 rented garages offering additional income ** Air rights included – potential to build above the garages ** Excellent corner exposure and curb appeal This is a solid, income-producing asset with potential for future development or expansion. Great for investors seeking stability and growth!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,745 SF
Building Class
C
Year Built
1910
Price
$2,000,000
Price Per SF
$728.60
Cap Rate
6.50%
NOI
$130,000
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.26
Lot Size
0.05 AC
Zoning
R5 - Medium density district with a height limit of 40 feet
Frontage
20’ on 101st Ave
Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (84)
Nearby Major Retailers
Property Taxes
| Parcel Number | 09425-0001 | Improvements Assessment | $104,246 |
| Land Assessment | $82,954 | Total Assessment | $187,200 |
Property Taxes
Parcel Number
09425-0001
Land Assessment
$82,954
Improvements Assessment
$104,246
Total Assessment
$187,200
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10702 101st Ave
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