Brick Three-Family
For Sale
$1,390,000
81-49 102nd Road, Ozone Park, NY 11416
Residential Income, Ozone Park, NY
Property Size2,650 SF
Lot Size0.04 Acres
Price / SF$524.53
Days on Market49
Property Features for 81-49 102nd Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2
Parking features
Driveway
Interior features
Entrance Foyer, Master Downstairs
Subdivision
Jamaica
Standard status
Active
Size
2,650 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
7820
Utilities
Heating system
Natural Gas, Baseboard
Water source
Public
Building Details
Year built
1960
Flooring type
Hardwood
Building materials
Brick
Roof type
Asphalt, Flat
Buildings
1
Listing Agency:
LANDMARK INTERNATIONAL REAL ESTATE GROUP LLC
(917) 530-5075
Listed By:
Zhi Ying Wu
Added: Sep 16
Changed: Oct 30
Last Checked: Nov 3 at 5:06PM
MLS# 11983426
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This brick three-family residence contains approximately 2,650 square feet across three stories and a basement. The first floor includes one bedroom and one bathroom, while the second and third floors each offer two bedrooms, a living room, kitchen, L-shaped dining area, and one bathroom. Hardwood flooring, baseboard heating with natural gas, and an unfinished basement are among the existing features. The property was built in 1960 and is vacant.
Located at 81-49 102nd Road in Ozone Park, the home includes a driveway and is situated just steps from public transportation. Public water service and a flat asphalt roof are also reported.
Located at 81-49 102nd Road in Ozone Park, the home includes a driveway and is situated just steps from public transportation. Public water service and a flat asphalt roof are also reported.
Key Highlights
- Approximately 2,650 Sq Ft
- Three‑story brick building with unfinished basement
- Three‑family layout with 1‑bedroom and 2‑bedroom floor plans
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,778
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,295,560
$1.3M
Cap Rate 7%
$925,400
$925.4K
Cap Rate 9%
$719,756
$719.8K
Market Conditions
NOI Build-Up for 2,650 SF
Gross rent
$122.4K $46.20/SF
− Vacancy
−$4.7K −$1.76/SF
EGI
$117.8K $44.44/SF
− OpEx
−$53.0K −$20.00/SF
NOI
$64.8K $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%
$1,295,560
Cap Rate 7%
$925,400
Cap Rate 9%
$719,756
Alternative Uses
Best Use
Apartment 5plus
$925.4K
$809.7K – $1.08M
NOI $64,778 @ 7.0% cap · market cap 4.66%
Second Best
Multifamily LT 5
$626.6K
$548.3K – $731.0K
NOI $43,862 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$1.95M
$1.71M – $2.28M
NOI $136,753 @ 7.0% cap · market cap 9.84%
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
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,156
Businesses Nearby
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Business Placement
Demographics for 11416, NY
28,381
Population
8,047
Households
3.5
Avg Household Size
35
Median Age
25%
College-Educated
78%
High-School Grad
0.7 sq mi
ZIP Area
40,544
Density / Sq Mi
$85,544
Median Household Income
$43,899
Median Earnings
$1,964
Median Rent
$733,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Vacant three-story residence with an unfinished basement, hardwood flooring, and driveway parking.
Where is this triplex located?
The property is located at 81-49 102nd Road Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Approximately 2,650 Sq Ft; Three‑story brick building with unfinished basement; Three‑family layout with 1‑bedroom and 2‑bedroom floor plans
