Residential Income
New
For Sale
$1,100,000
11110 106th Street, Ozone Park, NY 11417
Delivered vacant at closing, the property offers flexibility for a future renovation or customization.
Property Size2,008 SF
Price / SF$547.81
Days on Market4
Property Features for 11110 106th Street
General Information
Standard status
Active
Size
2,008 SF
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,437
Amenities
See Remarks
2
Yes
6
Other
Public
No
Off Street
2008
Building Details
Building Size
2,008 SF
Year Built
1925
Listing Agency:
(631) 613-8782
Listed By:
Geralda Desir
Source:
Goldcrestrealtygrp
Added: Oct 31
Last Checked: Nov 3 at 7:18AM
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 Geralda Desir
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property is scheduled to be delivered vacant at closing. The 1925-built asset may be customized or renovated by its next owner. Viewings are currently limited to drive-by visits.
Public transportation, shops, and schools are nearby. The property is located at 11110 106th Street in Ozone Park, New York.
Public transportation, shops, and schools are nearby. The property is located at 11110 106th Street in Ozone Park, New York.
Key Highlights
- Vacant delivery at closing
- Built in 1925
- Drive‑by viewings only at this time
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,084
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$981,680
$981.7K
Cap Rate 7%
$701,200
$701.2K
Cap Rate 9%
$545,378
$545.4K
Market Conditions
NOI Build-Up for 2,008 SF
Gross rent
$92.8K $46.20/SF
− Vacancy
−$3.5K −$1.76/SF
EGI
$89.2K $44.44/SF
− OpEx
−$40.2K −$20.00/SF
NOI
$49.1K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$981,680
Cap Rate 7%
$701,200
Cap Rate 9%
$545,378
Alternative Uses
Best Use
Apartment 5plus
$701.2K
$613.6K – $818.1K
NOI $49,084 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,622 @ 7.0% cap · market cap 9.42%
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
Location Intelligence
Trade Area within ½ mile
1,707
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - Delivered vacant at closing, the property offers flexibility for a future renovation or customization.
Where is this residential income property located?
The property is located at 11110 106th Street Ozone Park, 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: Vacant delivery at closing; Built in 1925; Drive‑by viewings only at this time
