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Two-Building Mixed-Use Property

105-16 Crossbay Blvd, Ozone Park, NY 11417

For Sale
$799,000

The buildings are offered separately or together, with subway access about half a block away.

Property Size1,282 SF
Price / SF$623.24
Days on Market29

Property Features for 105-16 Crossbay Blvd

General Information

Standard status Active
Size 1,282 SF
Property subtype Commercial

Building Details

Buildings 2
Listing Agency: Prime Realty
Listed By: John Amore · License #L3543964
Source: Searchhomesinlongisland
Added: Oct 10 Changed: Nov 7 Last Checked: Nov 7 at 2:09PM

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 for individual purchase or as a combined offering. The properties sit along Cross Bay Boulevard in Ozone Park, with a subway station approximately half a block away.

Key Highlights

  • Two mixed‑use buildings at 105‑14 and 105‑16 Cross Bay Boulevard
  • Available for separate purchase or as a combined offering
  • Subway station approximately half a block away

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,884
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,680 $457.7K
Cap Rate 7%
$326,914 $326.9K
Cap Rate 9%
$254,267 $254.3K
Market Conditions
NOI Build-Up for 1,282 SF
Gross rent
$38.5K $30.00/SF
− Vacancy
−$5.8K −$4.50/SF
EGI
$32.7K $25.50/SF
− OpEx
−$9.8K −$7.65/SF
NOI
$22.9K $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%
$457,680
Cap Rate 7%
$326,914
Cap Rate 9%
$254,267

Alternative Uses

Best Use
Retail
$326.9K
$286.1K – $381.4K (±1% cap)
NOI $22,884 @ 7.0% cap · market cap 2.86%
Second Best
Mixed Use
$235.7K
$206.2K – $275.0K (±1% cap)
NOI $16,499 @ 7.0% cap · market cap 2.06%
Theoretical Best
Office A
$945.1K
$827.0K – $1.10M (±1% cap)
NOI $66,157 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Acupuncture 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.

Location Intelligence

Trade Area within ½ mile

2,379
Businesses Nearby

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
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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The buildings are offered separately or together, with subway access about half a block away.
Where is this mixed-use property located?
The property is located at 105-16 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; Available for separate purchase or as a combined offering; Subway station approximately half a block away
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