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92-16 95th Ave Ozone Park Mixed-Use 2 Family 9216 95th Ave 3 Unit Apartment Building $1,400,000 ($466,667/Unit) 6.34% Cap Rate Ozone Park, NY 11416
INVESTMENT HIGHLIGHTS
- Free Market Rents
- Totally renovated
- Near Subway and shopping
- Tremendous Potential
EXECUTIVE SUMMARY
For Sale: 92-16 95th Ave, Ozone Park, NY, 11416
Description: Corner 2 Family
mixed use building featuring a 2,500 SF corner Store and Two 1,000 Sq.Ft renovated apartments.
RE. Tax: $8,579
Property Video: https://www.youtube.com/watch?v=RBtptm00DHc
Tenants pay electric, gas and hot water (3 boilers and 3 water tanks)
LAYOUT:
*1st Floor: 2,500 SF corner store used by a contractor. $3,200. No Lease
*2nd Floor: Vacant Renovated 1,000 Sq.Ft 5 room apartment
*3rd Floor: 1,000 Sq.Ft 5 room apartment. $2,250 No Lease.
*Basement: 1,100 SF Basement is used as storage for the store
Current Gross Income: $107,400
Expenses: (RE Tax, Water/Sewer, Insurance, Electric) = $, 18,579
Net Operating Income: $ 88,821 (6.3 Cap)
Projected Income at Market: $144,000 per year
Annual Expenses: (RE Tax, Water/Sewer, Insurance, Electric) = $, 18,579
Projected Net Operating Income: $125,421 (8.95 Cap)
Price: $1.4 Million (6.3 Cap at current rent) or (8.95 Cap at projected rents)
For More information contact REMAX TEAM
1) Victor Weinberger 917-806-7040 (email VWremax@gmail.com)
2) Nick Psomopoulos 917-882-3230 (E-mail: Npsomopoulos@yahoo.com)
For Appointment and financials contact exclusive broker:
*Victor Weinberger of Re/Max Team
*917-806-7040 (cell) 917-591-8000 (eFax)
*718-429-4400 (office)
*E-mail: VWremax@gmail.com
*Web: http://www.VictorWeinberger.com
Description: Corner 2 Family
mixed use building featuring a 2,500 SF corner Store and Two 1,000 Sq.Ft renovated apartments.
RE. Tax: $8,579
Property Video: https://www.youtube.com/watch?v=RBtptm00DHc
Tenants pay electric, gas and hot water (3 boilers and 3 water tanks)
LAYOUT:
*1st Floor: 2,500 SF corner store used by a contractor. $3,200. No Lease
*2nd Floor: Vacant Renovated 1,000 Sq.Ft 5 room apartment
*3rd Floor: 1,000 Sq.Ft 5 room apartment. $2,250 No Lease.
*Basement: 1,100 SF Basement is used as storage for the store
Current Gross Income: $107,400
Expenses: (RE Tax, Water/Sewer, Insurance, Electric) = $, 18,579
Net Operating Income: $ 88,821 (6.3 Cap)
Projected Income at Market: $144,000 per year
Annual Expenses: (RE Tax, Water/Sewer, Insurance, Electric) = $, 18,579
Projected Net Operating Income: $125,421 (8.95 Cap)
Price: $1.4 Million (6.3 Cap at current rent) or (8.95 Cap at projected rents)
For More information contact REMAX TEAM
1) Victor Weinberger 917-806-7040 (email VWremax@gmail.com)
2) Nick Psomopoulos 917-882-3230 (E-mail: Npsomopoulos@yahoo.com)
For Appointment and financials contact exclusive broker:
*Victor Weinberger of Re/Max Team
*917-806-7040 (cell) 917-591-8000 (eFax)
*718-429-4400 (office)
*E-mail: VWremax@gmail.com
*Web: http://www.VictorWeinberger.com
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$107,400
|
$12.27
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$107,400
|
$12.27
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$18,579
|
$2.12
|
| Net Operating Income |
$88,821
|
$10.15
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $107,400 |
| Annual Per SF | $12.27 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $107,400 |
| Annual Per SF | $12.27 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $18,579 |
| Annual Per SF | $2.12 |
| Net Operating Income | |
|---|---|
| Annual | $88,821 |
| Annual Per SF | $10.15 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Hardwood Floors
- Yard
- Basement
- Deck
SITE AMENITIES
- 24 Hour Access
- Public Transportation
1 1
Walk Score®
Very Walkable (80)
Transit Score®
Excellent Transit (86)
PROPERTY TAXES
| Parcel Number | 09032-0007 | Improvements Assessment | $65,659 |
| Land Assessment | $36,304 | Total Assessment | $101,963 |
PROPERTY TAXES
Parcel Number
09032-0007
Land Assessment
$36,304
Improvements Assessment
$65,659
Total Assessment
$101,963
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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92-16 95th Ave Ozone Park Mixed-Use 2 Family | 9216 95th Ave
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