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Three-Story Mixed-Use Building

101-06 88th, Ozone Park, NY 11416

For Sale
$1,500,000

Commercial Sale, Ozone Park, NY

Property SizeContact for details
Lot Size0.04 Acres
Days on Market95

Property Features for 101-06 88th

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Basement Full
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
Standard status Active
APN 09087-0020
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 19860

Building Details

Year built 1931
Floors in Building 3
Number of units 6
Building materials Brick
Listing Agency: Winzone Realty Inc
Listed By: Yuantao Chen · License NY #10401302872
Added: Aug 12 Changed: Oct 5 Last Checked: Nov 14 at 12:06AM
MLS# 1037899

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.

Rey
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Investment Insights

Based on property information with market context.

This three-story, full-brick mixed-use property contains six rent-stabilized apartments and one ground-floor retail space currently used as a restaurant. The residential layout includes a one-bedroom apartment and a studio on the first floor, two one-bedroom apartments on the second floor, and two one-bedroom apartments on the third floor. All apartments are described as being in great condition.

The building was constructed in 1931 and includes a basement divided into three sections, each with its own entrance. The first floor measures 20X96, while the second and third floors each measure 20X70; the lot measures 20X96. The roof is 3 years old, and the brickwork was pointed 3 months ago. The property is located in Ozone Park, Queens, at 101-06 88th, Ozone Park, NY 11416.

Key Highlights

  • Six rent‑stabilized apartments plus 1 ground‑floor retail space
  • Residential mix includes 5 one‑bedroom apartments and 1 studio
  • Three‑story full‑brick building constructed in 1931

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

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

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,971
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
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Market

Average Price Trend$/SF for Mixed-use properties in Queens County, NY

$758 Jul
$684 Aug
$604 Sep
$582 Oct

Properties on Market for Mixed-use properties in Queens County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick property combines six rent-stabilized apartments with a ground-floor retail space currently operating as a restaurant.
Where is this mixed-use property located?
The property is located at 101-06 88th Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Six rent‑stabilized apartments plus 1 ground‑floor retail space; Residential mix includes 5 one‑bedroom apartments and 1 studio; Three‑story full‑brick building constructed in 1931
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