Mixed-Use Building with Finished
145-04 14th Avenue, Whitestone, NY 11357
For Sale
$899,000
A bar-configured commercial space and rear studio share a property with a separately entered basement.
Property Size1,050 SF
Lot Size0.04 Acres
Price / SF$856.19
Days on Market34
Property Features for 145-04 14th Avenue
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Highway Access
Mixed-Use Components
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
Jamie Realty Group
Listed By:
Xiao Zheng · License #10491212408
(718) 886-0668
Source:
Clairedleone
Added: Oct 6
Changed: Nov 7
Last Checked: Nov 7 at 3:09PM
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 Jamie Realty Group
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 mixed-use property in Whitestone combines ground-floor commercial space arranged as a bar with a studio apartment at the rear. A finished basement has its own entrance, and the building has separate heat and hot water. The building measures 15' X 70', and the lot dimensions are 15 x 104 IRR. Built in 1938, the property is zoned R2A.
Bus service includes the Q15, Q76, Q50 Limited, and QM2 Express, with connections to Flushing, Jamaica, the Bronx, and Midtown Manhattan. The property also has access to the Cross Island Parkway and Whitestone Expressway.
Bus service includes the Q15, Q76, Q50 Limited, and QM2 Express, with connections to Flushing, Jamaica, the Bronx, and Midtown Manhattan. The property also has access to the Cross Island Parkway and Whitestone Expressway.
Key Highlights
- Commercial space currently arranged as a bar, plus a rear studio apartment
- Finished basement with a separate entrance
- Separate heat and hot water
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,597
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,940
$971.9K
Cap Rate 7%
$694,243
$694.2K
Cap Rate 9%
$539,967
$540.0K
Market Conditions
NOI Build-Up for 1,050 SF
Gross rent
$69.3K $66.00/SF
− Vacancy
−$4.5K −$4.29/SF
EGI
$64.8K $61.71/SF
− OpEx
−$16.2K −$15.43/SF
NOI
$48.6K $46.28/SF
Area
Queens County, NY
Vacancy
6.50%
Lease Rate
$66.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,940
Cap Rate 7%
$694,243
Cap Rate 9%
$539,967
Alternative Uses
Best Use
Specialty Retail
$694.2K
$607.5K – $810.0K
NOI $48,597 @ 7.0% cap · market cap 5.41%
Second Best
Mixed Use
$193.1K
$168.9K – $225.2K
NOI $13,514 @ 7.0% cap · market cap 1.50%
Theoretical Best
Office A
$774.1K
$677.3K – $903.1K
NOI $54,185 @ 7.0% cap · market cap 6.03%
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
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
846
Businesses Nearby
Explore this area
Business Placement
Demographics for 11357, NY
42,319
Population
16,586
Households
2.6
Avg Household Size
46
Median Age
38%
College-Educated
86%
High-School Grad
2.8 sq mi
ZIP Area
15,114
Density / Sq Mi
$97,754
Median Household Income
$58,814
Median Earnings
$2,228
Median Rent
$920,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Queens County, NY
Properties on Market for Mixed-use properties in Queens County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A bar-configured commercial space and rear studio share a property with a separately entered basement.
Where is this mixed-use property located?
The property is located at 145-04 14th Avenue Whitestone, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Commercial space currently arranged as a bar, plus a rear studio apartment; Finished basement with a separate entrance; Separate heat and hot water
