Multi-Building Mixed-Use
105-14 Crossbay Blvd, Ozone Park, NY 11417
For Sale
$799,000
Two buildings are offered separately or together along a commercial boulevard near subway service.
Property Size3,200 SF
Price / SF$249.69
Days on Market21
Property Features for 105-14 Crossbay Blvd
General Information
Standard status
Size
Property subtype
Building Details
Buildings
Listing Agency:
Prime Realty
Listed By:
John Amore · License #L3543964
(718) 229-2922
Source:
Searchhomesinlongisland
Added: Oct 19
Changed: Nov 7
Last Checked: Nov 7 at 3:30PM
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 Prime Realty
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Investment Insights
Based on property information with market context.
Two mixed-use buildings at 105-14 and 105-16 Cross Bay Boulevard are available individually or as a combined offering. The properties sit on a commercial street described as carrying both pedestrian and vehicle traffic, with a subway station half a block away.
Key Highlights
- Two mixed‑use buildings at 105‑14 and 105‑16 Cross Bay Boulevard
- Each building may be purchased separately, or both may be acquired together
- Half a block from the subway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,120
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,142,400
$1.1M
Cap Rate 7%
$816,000
$816.0K
Cap Rate 9%
$634,667
$634.7K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$96.0K $30.00/SF
− Vacancy
−$14.4K −$4.50/SF
EGI
$81.6K $25.50/SF
− OpEx
−$24.5K −$7.65/SF
NOI
$57.1K $17.85/SF
Area
Queens County, NY
Vacancy
15.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,142,400
Cap Rate 7%
$816,000
Cap Rate 9%
$634,667
Alternative Uses
Best Use
Retail
$816.0K
$714.0K – $952.0K
NOI $57,120 @ 7.0% cap · market cap 7.15%
Second Best
Mixed Use
$588.3K
$514.8K – $686.4K
NOI $41,184 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$2.36M
$2.06M – $2.75M
NOI $165,135 @ 7.0% cap · market cap 20.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,379
Businesses Nearby
Explore this area
Business Placement
Demographics for 11417, NY
31,229
Population
9,855
Households
3.2
Avg Household Size
38
Median Age
25%
College-Educated
78%
High-School Grad
1.1 sq mi
ZIP Area
28,390
Density / Sq Mi
$86,330
Median Household Income
$42,193
Median Earnings
$1,853
Median Rent
$731,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Queens County, NY
Properties on Market for Mixed-use properties in Queens County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two buildings are offered separately or together along a commercial boulevard near subway service.
Where is this mixed-use property located?
The property is located at 105-14 Crossbay Blvd Ozone Park, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two mixed‑use buildings at 105‑14 and 105‑16 Cross Bay Boulevard; Each building may be purchased separately, or both may be acquired together; Half a block from the subway
