Mixed-Use Building with High
10416 150th Street Jamaica, NY 11435
10416 150th Street, Jamaica, NY, 11435
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For Sale
Contact for pricing
Three-unit mixed-use building featuring high 10’ ceilings, basement, 200-amp power, and all-new LED lighting and A/C.
Property Size9,600 SF
Price / SF$227.92
Days on Market17
Property Features for 10416 150th Street
General Information
- Standard status
- Active
- Size
- 9,600 SF
- Property subtype
- Land
Building Details
- Year Built
- 1931
Listing agency
All Island Estates Realty Corporation
Listed by
Matthew Shane · License #NY 10311207810
Source
Crexi
Added: Jul 5 Updated: Jul 21 at 1:57PM Checked: Jul 21 at 1:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of All Island Estates Realty Corporation
Investment Insights
Based on property information with market context.
This three-unit mixed-use building is offered for sale with a basement and high 10’ ceilings. The property is equipped with 200-amp power, all-new LED lighting, and A/C, and it includes signage for tenant and brand visibility.
Located just off Liberty Avenue, the building is described as being in the heart of Jamaica and approximately five blocks from the Jamaica LIRR station. Nearby businesses listed include Chase Bank, Toyota, The Home Depot, CubeSmart Self Storage, Safeguard Self Storage, Old Navy, Skechers, CVS, McDonald’s, and IHOP.
Zoned M1-2A, the seller states the entire property can be delivered vacant. Annual taxes are listed as $37,393.08.
Located just off Liberty Avenue, the building is described as being in the heart of Jamaica and approximately five blocks from the Jamaica LIRR station. Nearby businesses listed include Chase Bank, Toyota, The Home Depot, CubeSmart Self Storage, Safeguard Self Storage, Old Navy, Skechers, CVS, McDonald’s, and IHOP.
Zoned M1-2A, the seller states the entire property can be delivered vacant. Annual taxes are listed as $37,393.08.
Key Highlights
- Three‑unit mixed‑use building built in 1931 with 9,600+ SF and high 10' ceilings
- Just off Liberty Avenue in Jamaica, about 5 blocks from the Jamaica LIRR Station
- M1‑2A zoning and excellent signage/exposure
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.0k | $9.48 |
| − Vacancy | −$4.7k | −$0.49 |
| EGI | $86.3k | $8.99 |
| − OpEx | −$12.9k | −$1.35 |
| NOI | $73.3k | $7.64 |
9,600 SF · lease $9.48/SF/yr · vacancy 5.20% · expense 15.00%
Alternative Uses
Best Use
Office B
$4.52M
$3.95M – $5.27M
NOI $316,068 @ 7.0% cap · market cap 14.45%
Second Best
Warehouse
$1.05M
$916.7K – $1.22M
NOI $73,334 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$7.08M
$6.19M – $8.26M
NOI $495,406 @ 7.0% cap · market cap 22.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
Similar Off Market Nearby
- MWM Warehousing — 11004 164th St, Queens, NY 11433
- PODS Customer Access — 95-25 150th St, Jamaica, NY 11435
- Sweet Self Storage Units — 157-12 108th Ave, Queens, NY 11433
- Morgan Manhattan Moving and Storage — 9330 Van Wyck Expy, Richmond Hill, NY 11418
- CubeSmart Self Storage — 138-54 94th Ave, Jamaica, NY 11435
FAQs
What type of property is this?
Warehouse - Three-unit mixed-use building featuring high 10’ ceilings, basement, 200-amp power, and all-new LED lighting and A/C.
Where is this warehouse located?
The property is located at 10416 150th Street Jamaica, NY.
What is the asking price?
The asking price for this property is $2,188,000.
What are key features of this property?
This property features: Three‑unit mixed‑use building built in 1931 with 9,600+ SF and high 10' ceilings; Just off Liberty Avenue in Jamaica, about 5 blocks from the Jamaica LIRR Station; M1‑2A zoning and excellent signage/exposure
