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Income-Producing Multifamily Property
For Sale
$998,000
Pending

132-01 100th St, Queens, NY 11417

Multifamily property in Ozone Park with three separate units.

Property Size2,904 SF
Lot Size0.05 Acres
Days on Market314

Property Features for 132-01 100th St

General Information

Standard status Pending
Size 2,904 SF
Lot size 0.05 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $7,879

Building Details

Building Size 2,904 SF
Stories 2
Listed By: Joseph Mistretta · License #10401326934
Source: Elliman
Added: Nov 27, 2025 Changed: Oct 4 Last Checked: Oct 7 at 12:56PM

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 Joseph Mistretta

Investment Insights

Based on property information with market context.

This multifamily property is located in Ozone Park and features three separate units. The layout includes a 3-bedroom unit over another 3-bedroom unit. A fully finished basement with a private entrance provides flexible use options. The property contains a total of 6 bedrooms and 3 full bathrooms. Parking is available in a private garage, driveway, and carport, accommodating multiple vehicles. Outdoor space includes a side yard, fenced backyard, and partial front yard. The property is located on a quiet, residential street near transportation, shopping, and schools. The property offers investment potential, allowing for owner occupancy with rental income from the other units, or leasing all three units for steady income.

Key Highlights

  • Income‑producing multifamily property with three separate units.
  • 3‑bedroom over 3‑bedroom layout with a fully finished basement and private entrance.
  • Parking for multiple vehicles: private garage, driveway, and carport.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$70,987
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,419,740 $1.4M
Cap Rate 7%
$1,014,100 $1.0M
Cap Rate 9%
$788,744 $788.7K
Market Conditions
NOI Build-Up for 2,904 SF
Gross rent
$134.2K $46.20/SF
− Vacancy
−$5.1K −$1.76/SF
EGI
$129.1K $44.44/SF
− OpEx
−$58.1K −$20.00/SF
NOI
$71.0K $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%
$1,419,740
Cap Rate 7%
$1,014,100
Cap Rate 9%
$788,744

Alternative Uses

Best Use
Apartment 5plus
$1.01M
$887.3K – $1.18M (±1% cap)
NOI $70,987 @ 7.0% cap · market cap 7.11%
Second Best
Multifamily LT 5
$686.7K
$600.8K – $801.1K (±1% cap)
NOI $48,066 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$2.14M
$1.87M – $2.50M (±1% cap)
NOI $149,860 @ 7.0% cap · market cap 15.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

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

1,922
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily property in Ozone Park with three separate units.
Where is this multifamily property located?
The property is located at 132-01 100th St Queens, NY.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: Income‑producing multifamily property with three separate units.; 3‑bedroom over 3‑bedroom layout with a fully finished basement and private entrance.; Parking for multiple vehicles: **private garage, driveway, and carport**.
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