Mixed-Use Building with
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
(631) 849-4437
Listed By:
Samildre Perez · License #10301213705
(631) 849-4437
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.
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
NOI $384,633 @ 7.0% cap · market cap 9.16%
Second Best
Retail
$4.01M
$3.51M – $4.68M
NOI $280,870 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$11.60M
$10.15M – $13.53M
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
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