Five-Unit Mixed-Use
For Sale
$1,999,888
92-06 95th Avenue, Queens, NY 11416
Commercial Sale, Queens, NY
Property Size4,500 SF
Price / SF$444.42
Days on Market247
Property Features for 92-06 95th Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Ozone Park
High school district
000000
Standard status
Active
Size
4,500 SF
Amenities
full basement
private backyard
Building Details
Architectural style
Other
Listing Agency:
Compass
(646) 982-0353
Listed By:
Jagmeet Bedi · License #40BE1170282
Added: Mar 3
Changed: Sep 30
Last Checked: Nov 4 at 10:06PM
MLS# 11666304
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 4,500-square-foot mixed-use property combines a street-level storefront with four residential rental apartments. The residential component includes three two-bedroom, one-bath units and one four-bedroom, one-bath unit, providing a varied unit mix within the same building. A full basement adds storage area, while a private backyard provides additional outdoor space.
The property is located at 92-06 95th Avenue in Queens, NY 11416, within Ozone Park. Its combination of commercial frontage, multiple apartments, basement storage, and private outdoor area creates a compact mixed-use configuration with both retail and residential components.
The property is located at 92-06 95th Avenue in Queens, NY 11416, within Ozone Park. Its combination of commercial frontage, multiple apartments, basement storage, and private outdoor area creates a compact mixed-use configuration with both retail and residential components.
Key Highlights
- Five‑unit configuration with one ground‑floor storefront and four residential apartments
- Residential mix includes three 2‑bedroom/1‑bath apartments and one 4‑bedroom/1‑bath unit
- 4,500 square feet of total property size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,000
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,200,000
$2.2M
Cap Rate 7%
$1,571,429
$1.6M
Cap Rate 9%
$1,222,222
$1.2M
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$207.9K $46.20/SF
− Vacancy
−$7.9K −$1.76/SF
EGI
$200.0K $44.44/SF
− OpEx
−$90.0K −$20.00/SF
NOI
$110.0K $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%
$2,200,000
Cap Rate 7%
$1,571,429
Cap Rate 9%
$1,222,222
Alternative Uses
Best Use
Apartment 5plus
$1.57M
$1.38M – $1.83M
NOI $110,000 @ 7.0% cap · market cap 5.50%
Second Best
Retail
$1.15M
$1.00M – $1.34M
NOI $80,325 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$3.32M
$2.90M – $3.87M
NOI $232,222 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,096
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor retail space is paired with four residential apartments and additional basement storage.
Where is this mixed-use property located?
The property is located at 92-06 95th Avenue Queens, NY.
What is the asking price?
The asking price for this property is $1,999,888.
What are key features of this property?
This property features: Five‑unit configuration with one ground‑floor storefront and four residential apartments; Residential mix includes three 2‑bedroom/1‑bath apartments and one 4‑bedroom/1‑bath unit; 4,500 square feet of total property size
