Mixed-Use Building in Jackson
35-50 92 St, Queens, NY 11372
For Sale
$3,498,000
Mixed-use building with apartments and commercial space in Queens.
Property Size4,000 SF
Lot Size0.09 Acres
Days on Market353
Property Features for 35-50 92 St
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Units
Listing Agency:
RE/MAX Team
Listed By:
Elsa Liliana L. Aristizabal · License NY 30AR0976768
(917) 807-7342
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:29AM
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 RE/MAX Team
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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 mixed-use building is located in Jackson Heights, Queens. The property features five apartments and a large commercial space on the first floor. The commercial space is suitable for various businesses, such as a doctor's office, daycare center, church, or retail shop. The property is conveniently located near transportation and local amenities, including schools and restaurants. This location makes it a desirable area for residents and businesses.
Key Highlights
- Mixed‑use building with five apartments and a large commercial space.
- Prime location in the heart of Jackson Heights.
- Commercial space suitable for various business types (Dr.'s office, daycare, retail, etc.).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,778
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,955,560
$2.0M
Cap Rate 7%
$1,396,829
$1.4M
Cap Rate 9%
$1,086,422
$1.1M
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$184.8K $46.20/SF
− Vacancy
−$7.0K −$1.76/SF
EGI
$177.8K $44.44/SF
− OpEx
−$80.0K −$20.00/SF
NOI
$97.8K $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%
$1,955,560
Cap Rate 7%
$1,396,829
Cap Rate 9%
$1,086,422
Alternative Uses
Best Use
Apartment 5plus
$1.40M
$1.22M – $1.63M
NOI $97,778 @ 7.0% cap · market cap 2.80%
Second Best
Retail
$1.02M
$892.5K – $1.19M
NOI $71,400 @ 7.0% cap · market cap 2.04%
Theoretical Best
Office A
$2.95M
$2.58M – $3.44M
NOI $206,419 @ 7.0% cap · market cap 5.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
8,269
Businesses Nearby
Explore this area
Business Placement
Demographics for 11372, NY
68,000
Population
26,613
Households
2.6
Avg Household Size
41
Median Age
35%
College-Educated
81%
High-School Grad
0.7 sq mi
ZIP Area
97,143
Density / Sq Mi
$77,133
Median Household Income
$44,415
Median Earnings
$1,795
Median Rent
$454,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Mixed-use properties in Queens
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building with apartments and commercial space in Queens.
Where is this mixed-use property located?
The property is located at 35-50 92 St Queens, NY.
What is the asking price?
The asking price for this property is $3,498,000.
What are key features of this property?
This property features: Mixed‑use building with five apartments and a large commercial space.; Prime location in the heart of Jackson Heights.; Commercial space suitable for various business types (Dr.'s office, daycare, retail, etc.).
