Finished Mixed-Use
For Sale
Contact for pricing
169-13 90th ave st, New York, NY 11432
An open-plan cellar offers elevator access and separate entry points from the parking area and main entrance.
Property Size4,400 SF
Price / SF$0.68
Days on Market14
Property Features for 169-13 90th ave st
General Information
Standard status
Active
Size
4,400 SF
Elevators
Yes
Property subtype
Mixed Use
Space & Availability
Floor
Cellar
Condition
Move-in Ready
Site & Location
Neighborhood
Queens
Public Transit
Yes
Additional Details
Property Use
Office, Storage/Warehouse, Light Manufacturing
Amenities
common-area restroom
Listing Agency:
Key Max Realty Corp
(718) 550-4663
Listed By:
Arman Siddique · License #10401381286
(929) 350-7562
Source:
Neilcharlesrealestate
Added: Oct 18
Changed: Oct 30
Last Checked: Oct 30 at 12:11AM
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 Key Max Realty Corp
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,400-square-foot cellar has a finished open layout with few columns, a drop ceiling, LED lighting, HVAC, and painted walls and floors. An on-site electrical panel serves the space. Two entrances provide access from the parking area and the building’s main entrance, with elevator access, a common-area restroom, and multiple exits with illuminated signs. Partitions may be added to change the layout, subject to applicable approvals.
The property is two blocks from both Hillside Avenue and Jamaica Avenue, with access to buses, the subway, and major roads. Potential uses listed include medical or wellness offices, general office functions, storage, training, fitness, community gatherings, showrooms, and workshops; all uses require zoning and certificate of occupancy approval.
The property is two blocks from both Hillside Avenue and Jamaica Avenue, with access to buses, the subway, and major roads. Potential uses listed include medical or wellness offices, general office functions, storage, training, fitness, community gatherings, showrooms, and workshops; all uses require zoning and certificate of occupancy approval.
Key Highlights
- 4,400 SF of finished cellar space with an open layout and few columns
- Separate entrances from the parking area and the building’s main entrance
- Elevator access and a common‑area restroom with accessible layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,613
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,552,260
$1.6M
Cap Rate 7%
$1,108,757
$1.1M
Cap Rate 9%
$862,367
$862.4K
Market Conditions
NOI Build-Up for 4,400 SF
Gross rent
$96.6K $21.96/SF
− Vacancy
−$5.3K −$1.21/SF
EGI
$91.3K $20.75/SF
− OpEx
−$13.7K −$3.11/SF
NOI
$77.6K $17.64/SF
Area
New York, NY
Vacancy
5.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,552,260
Cap Rate 7%
$1,108,757
Cap Rate 9%
$862,367
Alternative Uses
Best Use
Mixed Use
$2.00M
$1.75M – $2.34M
NOI $140,250 @ 7.0% cap · market cap 4,675.00%
Second Best
Office B
$1.97M
$1.72M – $2.30M
NOI $137,776 @ 7.0% cap · market cap 4,592.53%
Theoretical Best
Specialty Retail
$10.95M
$9.58M – $12.78M
NOI $766,656 @ 7.0% cap · market cap 25,555.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
18,500
Businesses Nearby
Explore this area
Business Placement
Demographics for 11432, NY
65,743
Population
21,618
Households
3
Avg Household Size
39
Median Age
36%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
32,872
Density / Sq Mi
$75,395
Median Household Income
$37,385
Median Earnings
$1,841
Median Rent
$826,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An open-plan cellar offers elevator access and separate entry points from the parking area and main entrance.
Where is this mixed-use property located?
The property is located at 169-13 90th ave st New York, NY.
What are key features of this property?
This property features: 4,400 SF of finished cellar space with an open layout and few columns; Separate entrances from the parking area and the building’s main entrance; Elevator access and a common‑area restroom with accessible layout
