Mixed-Use Building with
New
For Sale
$999,000
9514 101st Avenue, Ozone Park, NY 11416
A ground-level commercial space is paired with a two-bedroom apartment on the upper floor.
Property Size1,680 SF
Price / SF$594.64
Days on Market4
Property Features for 9514 101st Avenue
General Information
Standard status
Active
Size
1,680 SF
Property subtype
Residential Income
Additional Details
Floor
Ground
Mixed-Use Components
retail, residential
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$6,507
Amenities
Original Details
Building Details
Building Size
1,680 SF
Year Built
1935
Buildings
1
Stories
2
Units
2
Listing Agency:
Telemundo Realty Corp
Listed By:
Nelson G. Cardona
(347) 285-3074
Source:
Georgemcknight
Added: Oct 23
Changed: Oct 26
Last Checked: Oct 26 at 4:08AM
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 Telemundo Realty Corp
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Investment Insights
Based on property information with market context.
This two-level mixed-use property combines a ground-floor commercial storefront with a two-bedroom apartment above. The building was constructed in 1935 and is located at 9514 101st Avenue in Ozone Park.
The property is near transportation, shopping, and major roadways along 101st Avenue.
The property is near transportation, shopping, and major roadways along 101st Avenue.
Key Highlights
- Ground‑floor commercial storefront with a two‑bedroom apartment on the second floor
- Built in 1935
- Located near transportation, shopping, and major roadways on 101st Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,067
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$821,340
$821.3K
Cap Rate 7%
$586,671
$586.7K
Cap Rate 9%
$456,300
$456.3K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$77.6K $46.20/SF
− Vacancy
−$2.9K −$1.76/SF
EGI
$74.7K $44.44/SF
− OpEx
−$33.6K −$20.00/SF
NOI
$41.1K $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%
$821,340
Cap Rate 7%
$586,671
Cap Rate 9%
$456,300
Alternative Uses
Best Use
Apartment 5plus
$586.7K
$513.3K – $684.5K
NOI $41,067 @ 7.0% cap · market cap 4.11%
Second Best
Retail
$428.4K
$374.9K – $499.8K
NOI $29,988 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,696 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,575
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A ground-level commercial space is paired with a two-bedroom apartment on the upper floor.
Where is this mixed-use property located?
The property is located at 9514 101st Avenue Ozone Park, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Ground‑floor commercial storefront with a two‑bedroom apartment on the second floor; Built in 1935; Located near transportation, shopping, and major roadways on 101st Avenue
