Multi-Unit Flex/Industrial
10416 150th Street Jamaica Ny, NY 11435
10416 150th Street Jamaica, Ny, NY, 11435
$2,188,000
For Sale
$2,188,000
Three-unit mixed-use building with 10' ceilings, basement, and 200-amp power, offered vacant or delivered vacant.
Property Size9,680 SF
Price / SF$226.03
Days on Market15
Property Features for 10416 150th Street Jamaica
General Information
- Standard status
- Active
- Size
- 9,680 SF
Building Details
- Year Built
- 1931
Listing agency
(718) 684-8000
Listed by
Mohammed Amran
(718) 684-8000
Source
Parkassets
Added: Jul 8 Updated: Jul 22 at 2:56AM Checked: Jul 22 at 2:56AM
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 Mohammed Amran
Investment Insights
Based on property information with market context.
This for-sale mixed-use building offers three units and a total of 9,600+ square feet. The property includes high 10’ ceilings, a basement, and 200-amp power. Reported upgrades include all-new LED lighting and A/C.
The building is located just off Liberty Avenue and is described as being approximately five blocks from the Jamaica LIRR station. Public remarks note excellent signage and exposure, and neighboring businesses include Chase Bank, Toyota, The Home Depot, CubeSmart Self Storage, Safeguard Self Storage, Old Navy, Skechers, CVS, McDonald’s, and IHOP.
Zoning is listed as M1-2A. The entire property is described as deliverable vacant, which may support a range of end-user or redevelopment plans depending on approvals.
The building is located just off Liberty Avenue and is described as being approximately five blocks from the Jamaica LIRR station. Public remarks note excellent signage and exposure, and neighboring businesses include Chase Bank, Toyota, The Home Depot, CubeSmart Self Storage, Safeguard Self Storage, Old Navy, Skechers, CVS, McDonald’s, and IHOP.
Zoning is listed as M1-2A. The entire property is described as deliverable vacant, which may support a range of end-user or redevelopment plans depending on approvals.
Key Highlights
- Three‑unit mixed‑use building with 9,680 total SF
- 10' ceiling heights, basement (full), and 200‑amp power
- All new LED lighting and A/C
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 | $212.6k | $21.96 |
| − Vacancy | −$11.7k | −$1.21 |
| EGI | $200.9k | $20.75 |
| − OpEx | −$30.1k | −$3.11 |
| NOI | $170.7k | $17.64 |
9,680 SF · lease $21.96/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$3.40M
$2.97M – $3.96M
NOI $237,838 @ 7.0% cap · market cap 10.87%
Second Best
Warehouse
$2.44M
$2.13M – $2.85M
NOI $170,749 @ 7.0% cap · market cap 7.80%
Theoretical Best
Specialty Retail
$24.09M
$21.08M – $28.11M
NOI $1,686,643 @ 7.0% cap · market cap 77.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
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FAQs
What type of property is this?
Flex space - Three-unit mixed-use building with 10' ceilings, basement, and 200-amp power, offered vacant or delivered vacant.
Where is this flex space located?
The property is located at 10416 150th Street Jamaica Ny, 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 with 9,680 total SF; 10' ceiling heights, basement (full), and 200‑amp power; All new LED lighting and A/C
