Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9704 Pitkin Ave Ozone Park, NY 11417

    Sponsored
    For Sale
    $1,150,000

    MULTI_FAMILY - Contemporary - Ozone Park, NY

    Lot size:
    0.06 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 1 at 2:06 am

    Property Features for 9704 Pitkin Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Aluminum Frames
    Rooms
    Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 5, Bathroom 1
    Bedrooms
    5
    Bathrooms
    2
    APN
    11534-0001
    Parking
    1
    Parking features
    Driveway
    Patio and Porch features
    Patio
    Interior features
    First Floor Bedroom
    Fencing
    Fenced
    Lot size
    0.06 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1989
    Number of units
    2
    Flooring type
    Hardwood, Tile - Ceramic
    Architectural style
    Contemporary

    We can help!

    Listing Contact
    Carmen Cartagena AHWD C2EX

    Mega Star Realty Corp. (718) 848-7700

    Listing agent Carmen Cartagena AHWD C2EX (917) 370-0661

    Listing date Feb 27, 2026

    MLS# 965506 Listing URL

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

    Learn more

    Property Insight Report

    Overview

    Ozone Park Two-Family Corner Property

    This two-family corner property is located in Ozone Park. The first floor features a duplex apartment with a living area, bedroom, and half bath. Stairs connect the first floor to a second floor, which includes a living area, full kitchen, full bathroom, two bedrooms, and access to the side yard. The third floor, accessible via a private entrance, contains a living room, two bedrooms, a kitchen, and a bathroom. The property includes a large side yard accessible from the duplex apartment and the front of the home, as well as one private driveway. It is located close to Resorts Casino, the A Train and city buses, shopping, and the Belt Parkway and other major highways. John F. Kennedy Airport is a few minutes away. Upgrades have been made to the roof, kitchen, and heating system. The lot size is 0.0596 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ozone Park
    County
    Queens
    State
    New York
    Longitude
    -73.838178
    Latitude
    40.672729

    Nearby Similar for Sale

    • $1,999,888
      0.06 Acres

      Ozone Park Mixed-Use Investment

      Income-producing property with storefront and residential units in Ozone Park.
      9206 95Th Ave, Ozone Park, NY 11416
      View Details
    • $225,000

      Established Auto Workshop in Ozone Park

      Well-established auto workshop with a renewable lease in Ozone Park.
      103 101St St, Ozone Park, NY 11417
      View Details
    • $899,000
      2,176 SF

      Ozone Park Two-Family Home

      Semi-attached two-family home in Ozone Park with private driveway.
      134-01 Hawtree St, Ozone Park, NY 11417
      View Details
    • $968,000
      925 SF

      Ozone Park Two-Family Home

      Well-maintained two-family home in Ozone Park with parking.
      87-17 95Th Ave, Ozone Park, NY 11416
      View Details
    • $825,000
      Pending

      Two-Family Brick Home in Ozone

      Two-family brick home with renovation potential in Ozone Park.
      13803 Lafayette St, Ozone Park, NY 11417
      View Details
    • $899,000

      Ozone Park Two-Family Home

      Well-maintained two-family home in Ozone Park with unique amenities.
      97-25 102Nd St, Ozone Park, NY 11416
      View Details
    • $130,000
      1,900 SF

      Established Nail Salon in Ozone

      Turnkey nail salon with loyal clientele in prime location.
      13503 Crossbay Blvd, Ozone Park, NY 11417
      View Details
    • $999,000
      0.06 Acres

      Ozone Park Multifamily Investment Property

      Multifamily property with five apartments, convenient location in Ozone Park.
      13716 88Th St, Ozone Park, NY 11417
      View Details
    • $1,320,000
      3,024 SF

      Ozone Park Contemporary Multi-Family

      Well-built 2009 three-family property with income potential.
      8851 Pitkin Ave, Ozone Park, NY 11417
      View Details
    • $988,000
      0.02 Acres

      Ozone Park Multifamily Opportunity

      Party hall with apartment and income potential in Ozone Park.
      9108 Sutter Ave, Ozone Park, NY 11417
      View Details
    • $950,000
      0.05 Acres

      Mixed-Use Building in Ozone Park

      Mixed-use property with commercial space and residential unit in Ozone Park.
      9610 Linden Blvd, Ozone Park, NY 11417
      View Details
    • $989,000
      Pending

      Renovated Triplex in Ozone Park

      Fully renovated triplex in Ozone Park with parking and modern amenities.
      95-22 75Th St, Ozone Park, NY 11416
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-family corner property in Ozone Park with upgrades.
    Where is this duplex located?
    The property is located at 9704 Pitkin Ave Ozone Park, NY.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Two-family corner property offering rental income potential.; - Duplex apartment with access to a large side yard.; - Private driveway for off-street parking.
    (718) 848-7700
    Request Owner's contact information
    9704 Pitkin Ave Ozone Park, NY 11417
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9704 Pitkin Ave
    Ozone Park, NY 11417
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9704 Pitkin Ave Ozone Park, NY 11417
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Carmen Cartagena AHWD C2EX
    Real Estate License ID: 31CA1109448
    (718) 848-7700 (917) 370-0661
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!