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Renovated Mixed-Use Property
For Sale
$1,100,000

105-14 177th Street, New York, NY 11433

Two apartments and a commercial storefront provide separate residential and business spaces.

Property Size2,000 SF
Price / SF$550
Days on Market18

Property Features for 105-14 177th Street

General Information

Standard status Active
Size 2,000 SF
Property subtype Mixed Use

Taxes and HOA fees

Annual Taxes $4,400

Amenities

3

Building Details

Buildings 1
Stories 2
Listing Agency:
Listed By: Amor Real Estate
Source: Xome
Added: Jul 19 Changed: Aug 2 Last Checked: Aug 5 at 5:13AM

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 Amor Real Estate

Investment Insights

Based on property information with market context.

This 2,000-square-foot mixed-use property combines two residential apartments with a commercial storefront. The first floor includes a newly renovated vacant storefront and a separate two-bedroom apartment with its own entrance. The second-floor three-bedroom apartment has also been renovated and is vacant, with granite countertops, new hardwood flooring, and high ceilings. The two-bedroom apartment is tenant-occupied.

Located at 105-14 177th Street in New York, NY 11433, the layout provides distinct entrances for the residential units and storefront. The property supports a combination of residential occupancy and commercial use within one building.

Key Highlights

  • 2,000‑square‑foot mixed‑use property with two apartments and one commercial storefront
  • Newly renovated vacant storefront on the first floor
  • Separate first‑floor two‑bedroom apartment with its own entrance

Financial Insights For Multifamily LT 5

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 $102.0k $51.00
− Vacancy −$5.3k −$2.65
EGI $96.7k $48.35
− OpEx −$29.0k −$14.50
NOI $67.7k $33.84
2,000 SF · lease $51.00/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Retail
$4.02M
$3.52M – $4.69M (±1% cap)
NOI $281,449 @ 7.0% cap · market cap 25.59%
Second Best
Multifamily LT 5
$967.0K
$846.1K – $1.13M (±1% cap)
NOI $67,687 @ 7.0% cap · market cap 6.15%
Theoretical Best
Specialty Retail
$4.98M
$4.36M – $5.81M (±1% cap)
NOI $348,480 @ 7.0% cap · market cap 31.68%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Acupuncture Kitchen & Bath Showroom Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

2,291
Businesses Nearby

Demographics for 11433, NY

39,071
Population
11,849
Households
3.3
Avg Household Size
37
Median Age
19%
College-Educated
77%
High-School Grad
1.5 sq mi
ZIP Area
26,047
Density / Sq Mi
$71,177
Median Household Income
$39,540
Median Earnings
$1,529
Median Rent
$625,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Mixed-use property - Two apartments and a commercial storefront provide separate residential and business spaces.
Where is this mixed-use property located?
The property is located at 105-14 177th Street New York, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2,000‑square‑foot mixed‑use property with two apartments and one commercial storefront; Newly renovated vacant storefront on the first floor; Separate first‑floor two‑bedroom apartment with its own entrance
More about this property
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