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Mixed-Use Property in Busy Area

35-10 103rd St, Queens, NY 11368

For Sale
$1,050,000
Pending

Mixed-use property with high traffic and flexible usage options.

Property Size2,036 SF
Lot Size0.03 Acres
Days on Market352

Property Features for 35-10 103rd St

General Information

Standard status Pending
Size 2,036 SF
Lot size 0.03 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,100

Building Details

Building Size 2,036 SF
Year Built 1930
Listing Agency: Hayliam Realty LLC
Listed By: Dinesh Prasad · License NY #10491212458
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 8 at 5:52AM

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 Hayliam Realty LLC

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property is situated in a high-traffic area with substantial car and foot traffic. The building has a total size of 2036 square feet. The first floor is currently configured as a house of worship. The second floor features a three-bedroom apartment. The property offers potential for various uses given its mixed-use designation.

Key Highlights

  • Mixed‑use property offering versatile investment or business opportunities.
  • Located in a high‑traffic area with heavy car and foot traffic.
  • First floor currently configured for assembly/house of worship.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$49,769
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$995,380 $995.4K
Cap Rate 7%
$710,986 $711.0K
Cap Rate 9%
$552,989 $553.0K
Market Conditions
NOI Build-Up for 2,036 SF
Gross rent
$94.1K $46.20/SF
− Vacancy
−$3.6K −$1.76/SF
EGI
$90.5K $44.44/SF
− OpEx
−$40.7K −$20.00/SF
NOI
$49.8K $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%
$995,380
Cap Rate 7%
$710,986
Cap Rate 9%
$552,989

Alternative Uses

Best Use
Apartment 5plus
$711.0K
$622.1K – $829.5K (±1% cap)
NOI $49,769 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $105,067 @ 7.0% cap · market cap 10.01%
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

Churches & religious facilities

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Nursing Home Carpet & Flooring Store Acupuncture

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

2,548
Businesses Nearby

Demographics for 11368, NY

117,110
Population
31,165
Households
3.8
Avg Household Size
34
Median Age
14%
College-Educated
65%
High-School Grad
2.6 sq mi
ZIP Area
45,042
Density / Sq Mi
$71,798
Median Household Income
$33,742
Median Earnings
$1,925
Median Rent
$751,700
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 Churches & religious facilities in Queens County, NY

$495 Jul
$447 Aug
$406 Sep
$493 Oct

Properties on Market for Churches & religious facilities in Queens County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Church & religious facility - Mixed-use property with high traffic and flexible usage options.
Where is this church & religious facility located?
The property is located at 35-10 103rd St Queens, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Mixed‑use property offering versatile investment or business opportunities.; Located in a high‑traffic area with heavy car and foot traffic.; First floor currently configured for assembly/house of worship.
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