Retail Space with Loading
For Sale
$1,700,000
149-19 Centreville Street, Ozone Park, NY 11417
A private driveway and dedicated loading area support deliveries and on-site access.
Property Size6,000 SF
Price / SF$283.33
Days on Market9
Property Features for 149-19 Centreville Street
General Information
Standard status
Active
Size
6,000 SF
Zoning
R3X
Taxes and HOA fees
Annual Taxes
$41,991
Amenities
private driveway
loading/off loading area
No
Public
6000
Building Details
Building Size
6,000 SF
Year Built
1920
Stories
1
Listing Agency:
(516) 703-2918
Listed By:
Hassan Mahmood
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 2:46PM
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 Hassan Mahmood
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Investment Insights
Based on property information with market context.
This Ozone Park retail property contains 5,000 square feet of retail space within a 6,000-square-foot building. The property includes a corner deli space, a private driveway, and an area for loading and unloading. Built in 1920, the building is to be delivered vacant at closing.
The property is at 149-19 Centreville Street in Ozone Park, New York. Nearby destinations identified include JFK, Resorts World Casino, highways, and public transportation. Zoning is R3X.
The property is at 149-19 Centreville Street in Ozone Park, New York. Nearby destinations identified include JFK, Resorts World Casino, highways, and public transportation. Zoning is R3X.
Key Highlights
- 5,000 square feet of retail space in a 6,000‑square‑foot building
- Corner deli space
- Private driveway and loading/unloading area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,100
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,142,000
$2.1M
Cap Rate 7%
$1,530,000
$1.5M
Cap Rate 9%
$1,190,000
$1.2M
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$180.0K $30.00/SF
− Vacancy
−$27.0K −$4.50/SF
EGI
$153.0K $25.50/SF
− OpEx
−$45.9K −$7.65/SF
NOI
$107.1K $17.85/SF
Area
Queens County, NY
Vacancy
15.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,142,000
Cap Rate 7%
$1,530,000
Cap Rate 9%
$1,190,000
Alternative Uses
Best Use
Specialty Retail
$3.97M
$3.47M – $4.63M
NOI $277,695 @ 7.0% cap · market cap 16.34%
Second Best
Retail
$1.53M
$1.34M – $1.79M
NOI $107,100 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$4.42M
$3.87M – $5.16M
NOI $309,629 @ 7.0% cap · market cap 18.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
2,651
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - A private driveway and dedicated loading area support deliveries and on-site access.
Where is this retail space located?
The property is located at 149-19 Centreville Street Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 5,000 square feet of retail space in a 6,000‑square‑foot building; Corner deli space; Private driveway and loading/unloading area
