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Five-Unit Mixed-Use Building
For Sale
$1,999,888

92-06 95th Avenue, Queens, NY 11416

Commercial Sale, Queens, NY

Property Size4,500 SF
Price / SF$444.42
Days on Market219

Property Features for 92-06 95th Avenue

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Ozone Park
High school district 000000
Standard status Active
Size 4,500 SF

Amenities

full basement
private backyard

Building Details

Architectural style Other
Listing Agency: Compass
Listed By: Jagmeet Bedi · License #40BE1170282
Added: Mar 3 Changed: Sep 30 Last Checked: Oct 8 at 3:06AM
MLS# 11666304

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,500-square-foot mixed-use property combines a street-level storefront with four residential rental apartments. The residential component includes three two-bedroom, one-bath units and one four-bedroom, one-bath unit, providing a varied unit mix within the same building. A full basement adds storage area, while a private backyard provides additional outdoor space.

The property is located at 92-06 95th Avenue in Queens, NY 11416, within Ozone Park. Its combination of commercial frontage, multiple apartments, basement storage, and private outdoor area creates a compact mixed-use configuration with both retail and residential components.

Key Highlights

  • Five‑unit configuration with one ground‑floor storefront and four residential apartments
  • Residential mix includes three 2‑bedroom/1‑bath apartments and one 4‑bedroom/1‑bath unit
  • 4,500 square feet of total property size

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$110,000
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,200,000 $2.2M
Cap Rate 7%
$1,571,429 $1.6M
Cap Rate 9%
$1,222,222 $1.2M
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$207.9K $46.20/SF
− Vacancy
−$7.9K −$1.76/SF
EGI
$200.0K $44.44/SF
− OpEx
−$90.0K −$20.00/SF
NOI
$110.0K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,200,000
Cap Rate 7%
$1,571,429
Cap Rate 9%
$1,222,222

Alternative Uses

Best Use
Apartment 5plus
$1.57M
$1.38M – $1.83M (±1% cap)
NOI $110,000 @ 7.0% cap · market cap 5.50%
Second Best
Retail
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,325 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$3.32M
$2.90M – $3.87M (±1% cap)
NOI $232,222 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,096
Businesses Nearby

Demographics for 11416, NY

28,381
Population
8,047
Households
3.5
Avg Household Size
35
Median Age
25%
College-Educated
78%
High-School Grad
0.7 sq mi
ZIP Area
40,544
Density / Sq Mi
$85,544
Median Household Income
$43,899
Median Earnings
$1,964
Median Rent
$733,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor retail space is paired with four residential apartments and additional basement storage.
Where is this mixed-use property located?
The property is located at 92-06 95th Avenue Queens, NY.
What is the asking price?
The asking price for this property is $1,999,888.
What are key features of this property?
This property features: Five‑unit configuration with one ground‑floor storefront and four residential apartments; Residential mix includes three 2‑bedroom/1‑bath apartments and one 4‑bedroom/1‑bath unit; 4,500 square feet of total property size
More about this property
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