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86-20 101st Ave 3,496 SF 100% Leased Retail Building Ozone Park, NY 11416 $1,250,000 ($357.55/SF) 5.41% Cap Rate
Investment Highlights
- Commercial block with storefront, 3 apartments and open basement
- Near train and bus transportation
- Busy walk in and car traffic
Executive Summary
Storefront and residentail building. Fully occupied. Storefront has two more years left on the lease. Tenants do not have a lease. Great for investment and owner occupied.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$93,324
|
$26.69
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$93,324
|
$26.69
|
| Taxes |
$9,797
|
$2.80
|
| Operating Expenses |
$15,850
|
$4.53
|
| Total Expenses |
$25,647
|
$7.34
|
| Net Operating Income |
$67,677
|
$19.36
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $93,324 |
| Annual Per SF | $26.69 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $93,324 |
| Annual Per SF | $26.69 |
| Taxes | |
|---|---|
| Annual | $9,797 |
| Annual Per SF | $2.80 |
| Operating Expenses | |
|---|---|
| Annual | $15,850 |
| Annual Per SF | $4.53 |
| Total Expenses | |
|---|---|
| Annual | $25,647 |
| Annual Per SF | $7.34 |
| Net Operating Income | |
|---|---|
| Annual | $67,677 |
| Annual Per SF | $19.36 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,496 SF
Building Class
C
Year Built
1931
Price
$1,250,000
Price Per SF
$357.55
Cap Rate
5.41%
NOI
$67,677
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.71
Lot Size
0.05 AC
Zoning
R6B - Area contains both mix-use buildings, commercial and residential.
Frontage
21’ on 101st Ave
Amenities
- Storage Space
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- 8620 101 Ave LLC
- Public Administration
- -
- -
- -
- Sharp Cuts
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| 8620 101 Ave LLC | Public Administration | - | - | - | ||
| Sharp Cuts | Services | - | - | - |
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 09087-0009 | Total Assessment | $91,341 (2026) |
| Land Assessment | $19,269 (2026) | Annual Taxes | $9,797 ($2.80/SF) |
| Improvements Assessment | $72,072 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
09087-0009
Land Assessment
$19,269 (2026)
Improvements Assessment
$72,072 (2026)
Total Assessment
$91,341 (2026)
Annual Taxes
$9,797 ($2.80/SF)
Tax Year
2025
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86-20 101st Ave