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Mixed Use For Sale 92-16 95th Ave, Ozone Park 9216 95th Ave 5,000 SF 66% Leased Retail Building Ozone Park, NY 11416 $1,400,000 ($280/SF) 6.34% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellet Investment Return
- User/Investor opportunity
- Renovated 2022
EXECUTIVE SUMMARY
For Sale: 92-16 95th Ave, Ozone Park, NY, 11416
Description: Corner 2 Family Free Market Rents 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. NL
*2nd Floor: Vacant Renovated 1,000 Sq.Ft 5 room apartment
*3rd Floor: 1,000 Sq.Ft 5 room apartment. NL. Market value:
*Basement: 1,100 SF Basement is used as storage
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)
(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)
*The Victor Weinberger Team at Re/Max Team, Inc
*(cell) 917-806-7040
*(eFax) 917-591-8000
*(office) 718-429-4400
*E-mail: VWremax@gmail.com
*Website: www.VictorWeinberger.com
*140,000+ agents / 8,000+ offices / 110+ countries
Description: Corner 2 Family Free Market Rents 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. NL
*2nd Floor: Vacant Renovated 1,000 Sq.Ft 5 room apartment
*3rd Floor: 1,000 Sq.Ft 5 room apartment. NL. Market value:
*Basement: 1,100 SF Basement is used as storage
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)
(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)
*The Victor Weinberger Team at Re/Max Team, Inc
*(cell) 917-806-7040
*(eFax) 917-591-8000
*(office) 718-429-4400
*E-mail: VWremax@gmail.com
*Website: www.VictorWeinberger.com
*140,000+ agents / 8,000+ offices / 110+ countries
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$107,400
|
$21.48
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$107,400
|
$21.48
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$18,579
|
$3.72
|
| Net Operating Income |
$88,821
|
$17.76
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $107,400 |
| Annual Per SF | $21.48 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $107,400 |
| Annual Per SF | $21.48 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $18,579 |
| Annual Per SF | $3.72 |
| Net Operating Income | |
|---|---|
| Annual | $88,821 |
| Annual Per SF | $17.76 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
5,000 SF
Year Built/Renovated
1920/2022
Price
$1,400,000
Price Per SF
$280
Cap Rate
6.34%
NOI
$88,821
Percent Leased
66%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.00
Lot Size
0.06 AC
Zoning
R5, C1-3
Frontage
AMENITIES
- 24 Hour Access
Walk Score®
Very Walkable (80)
Transit Score®
Excellent Transit (86)
NEARBY MAJOR RETAILERS
1 of 35
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Mixed Use For Sale 92-16 95th Ave, Ozone Park | 9216 95th Ave
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