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Renovated Mixed-Use Corner Building
For Sale
Contact for pricing
Pending

128-02 135th Avenue, Ozone Park, NY 11416

Three-unit property with private parking, a two-car garage, and an existing deli operation.

Property SizeContact for details
Days on Market140

Property Features for 128-02 135th Avenue

General Information

Standard status Pending
Property subtype Mixed Use

Additional Details

Cap Rate 8.94%
Highway Access Yes

Amenities

Excellent Signage
Great Exposure
High Ceilings
2 Car Garage
Private Parking
LED Lighting

Building Details

Year Renovated 2021
Buildings 1
Listing Agency: All Island Estates Realty Corporation
Listed By: Matthew Shane · License #NY 10311207810
Source: Crexi
Added: Apr 14 Changed: Aug 30 Last Checked: Aug 30 at 7:20PM

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 All Island Estates Realty Corporation

Investment Insights

Based on property information with market context.

This three-unit mixed-use corner building at 128-02 135th Avenue includes a commercial deli space and a four-bedroom apartment. The property was renovated in 2021, while the apartment received a separate renovation in 2022. Building features include high ceilings, LED lighting, prominent signage, private parking, and a two-car garage. The property is associated with an 8.94 cap rate.

The building sits at the corner of 135th Avenue and 128th Street in Ozone Park, near Resorts World Casino, Aqueduct Racetrack, JFK Airport, Hilton, DSNY, BP, and Speedway. It is also located just off the Belt Parkway, providing access to a major regional roadway.

Key Highlights

  • Three‑unit mixed‑use corner building with an 8.94 cap rate
  • Commercial deli space plus a four‑bedroom apartment
  • Building renovation completed in 2021; apartment renovated in 2022

Property Analytics

Current Use

All Purpose Electric ... Electrical Service Hot Wheels Discount (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Gym & Fitness Center Skin Care 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,048
Businesses Nearby

Demographics for 11416, NY

28,381
Population
8,047
Households
3.5
Avg Household Size
35
Median Age
25%
College-Educated
78%
High-School Grad
0.7 sq mi
ZIP Area
40,544
Density / Sq Mi
$85,544
Median Household Income
$43,899
Median Earnings
$1,964
Median Rent
$733,500
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-unit property with private parking, a two-car garage, and an existing deli operation.
Where is this mixed-use property located?
The property is located at 128-02 135th Avenue Ozone Park, NY.
What are key features of this property?
This property features: Three‑unit mixed‑use corner building with an 8.94 cap rate; Commercial deli space plus a four‑bedroom apartment; Building renovation completed in 2021; apartment renovated in 2022
More about this property
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