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9519 106TH ST, Jamaica, NY, 11416
Mixed-Use Building with Retail

9519 106TH ST Jamaica, NY 11416

For Sale
$4,200,000

Mixed-use building with three first-floor stores, multiple second-floor apartments, and a full basement.

Property Size15,735 SF
Price / SF$266.92
Days on Market365

Property Features for 9519 106TH ST

General Information

Standard status
Active
Size
15,735 SF
Property subtype
Mixed Use

Building Details

Year Built
1931
Listing Agency: Winzone Realty Inc
Listed By: Samildre Perez · License #10301213705
Source: Xome
Added: Jul 24, 2025 Changed: Jul 23 Last Checked: Jul 23 at 3:38PM

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 Winzone Realty Inc


Investment Insights

Based on property information with market context.

This mixed-use building includes a full basement and a first-floor retail setup with three stores. The second floor features four residential units: one two-bedroom apartment and two separate one-bedroom apartments, plus one additional two-bedroom apartment.

The property is located at 9519 106TH ST in Jamaica, NY 11416.

With retail on the first floor and apartment units above, the building offers a combined residential and storefront configuration within a single structure.

Key Highlights

  • Full basement
  • Year built 1931
  • First floor features 3 stores

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $727.0k $46.20
− Vacancy −$27.6k −$1.76
EGI $699.3k $44.44
− OpEx −$314.7k −$20.00
NOI $384.6k $24.44
15,735 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$5.49M
$4.81M – $6.41M (±1% cap)
NOI $384,633 @ 7.0% cap · market cap 9.16%
Second Best
Retail
$4.01M
$3.51M – $4.68M (±1% cap)
NOI $280,870 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$11.60M
$10.15M – $13.53M (±1% cap)
NOI $812,002 @ 7.0% cap · market cap 19.33%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Parking Lot & Garage Law Firm Cafe & Coffee Shop Gym & Fitness Center Nursing Home Nursing Home Skin Care Clinic Acupuncture Coworking & Hybrid Office Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Mixed-use building with three first-floor stores, multiple second-floor apartments, and a full basement.
Where is this quadplex located?
The property is located at 9519 106TH ST Jamaica, NY.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Full basement; Year built 1931; First floor features 3 stores
More about this property
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