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. (6.39% Cap!!!)

Listing courtesy of All Island Estates Realty Corp matthewshane8828@gmail.com


Based on information submitted to the MLS GRID as of 2025-07-11 08:45 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.