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10702 Crossbay Blvd Ozone Park, NY 11417

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For Sale
$1,699,000

Renovated mixed-use building with retail and residential units for sale.

Property size:
3,880 SF
Lot size:
0.03 Acres

Property Features for 10702 Crossbay Blvd

General Information

Size
3,880 SF
Lot size
0.03 Acres

Source: Century 21 - Amiable Realty Group II | Howard Beach Agent Joseph Guidici

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Ozone Park Income-Generating Property

This Ozone Park property features a mixed-use building designed to generate income, comprising six separate units. The ground level includes four storefronts, while the second floor houses two one-bedroom apartments. All units have been renovated and are reported to be in excellent condition. Currently, the storefronts are occupied by an insurance broker's office, a tattoo parlor occupying two storefronts, and an ice cream shop. The apartments each contain one bedroom. Each unit has its own split system, and tenants are responsible for their own utility payments. The building, situated on two lots, has been completely renovated and well-maintained. The roof is seven years old. The location benefits from high vehicle and foot traffic, providing significant exposure. The property size is 3,880 square feet. The building's total income is $134,400, with expenses including $7,300 for insurance, $1,320 for water, $25,200 for taxes, and $1,200 for miscellaneous costs, resulting in a net income of $99,380. This property is located on Cross Bay Boulevard.
Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Ozone Park
County
Queens
State
New York
Longitude
-73.844536
Latitude
40.678353

FAQs

What type of property is this?
Strip mall - Renovated mixed-use building with retail and residential units for sale.
Where is this strip mall located?
The property is located at 10702 Crossbay Blvd Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: - High Net Operating Income: $99,380 annually.; - Six Income-Generating Units: Four storefronts and two 1-bedroom apartments.; - Tenants Pay Own Utilities: Each unit has its own split system.
More about this property
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