Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    135-26 Desarc Rd Ozone Park, NY 11417

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    135-26 Desarc Rd Ozone Park, NY 11417

    View on Map
    • Lifestyle centers
    • 16,750 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lead Fire / Advertising Agency / Marketing & Advertising

    Property Details for 135-26 Desarc Rd

    Property size
    16,750 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ozone Park
    County
    Queens
    State
    New York
    Longitude
    -73.8438
    Latitude
    40.6729

    Comparable in this City

    • Value Estimation by Request
      2,530 SF

      9705 Rockaway Blvd

      Retail properties & Spaces • 2,530 SF
      9705 Rockaway Blvd, Queens, NY 11417
      View Details
    • Value Estimation by Request

      135-26 Cross Bay Blvd

      Retail properties & Spaces
      135-26 Cross Bay Blvd, Queens, NY 11417
      View Details
    • Value Estimation by Request
      9,037 SF

      98-1 Liberty Ave

      Retail properties & Spaces • 9,037 SF
      98-1 Liberty Ave, Queens, NY 11417
      View Details
    • Value Estimation by Request
      9,500 SF

      100-02 Rockaway Blvd

      Retail properties & Spaces • 9,500 SF
      100-02 Rockaway Blvd, Queens, NY 11417
      View Details
    • Value Estimation by Request

      9705 Rockaway Blvd

      Retail properties & Spaces
      9705 Rockaway Blvd, Queens, NY 11417
      View Details
    • Value Estimation
      $2,865,000
      21,005 SF

      15029 Crossbay Blvd

      REGIONAL SHOPPING CENTER, MALL • 21,005 SF
      15029 Crossbay Blvd, Jamaica, NY 11417-2961
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Ozone Park Mixed-Use Investment

      Mixed-use property in Ozone Park with strong income potential.
      10304 Liberty Ave, New York, NY 11417
      View Details
    • Contact for pricing
      11,748 SF

      Versatile Space Near Subway Station

      11,748 sqft space suitable for industrial or retail use.
      86-30 103Rd Ave, Queens, NY 11417
      View Details
    • $1,000,000
      0.04 Acres

      Mixed-Use Property on Cross Bay

      Mixed-use property with storefront and residential units on high-traffic corridor.
      13503 Crossbay Blvd, Ozone Park, NY 11417
      View Details
    • $225,000

      Established Auto Workshop in Ozone

      Productive auto workshop with equipment and renewable lease.
      103 101St St, Ozone Park, NY 11417
      View Details
    • Contact for pricing
      16,750 SF

      Retail Building with Air Rights

      Retail building in Ozone Park with significant air rights.
      135-26 Desarc Rd, Ozone Park, NY 11417
      View Details
    • $950,000
      0.05 Acres

      Mixed-Use Building in Ozone Park

      Mixed-use property with commercial space and residential unit in Ozone Park.
      9610 Linden Blvd, Ozone Park, NY 11417
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Versatile Rental Space in Queens

      Spacious rental space with private entrance and open floor plan.
      135-26 Crossbay Blvd, Queens, NY 11417
      View Details
    • New
      $1,975 /Mo
      2,361 SF

      Ozone Park Commercial Space Available

      Commercial space on high-traffic Cross Bay Blvd in Ozone Park.
      10510 Crossbay Blvd, Ozone Park, NY 11417
      View Details
    • $5,000 /Mo

      Retail Space on Cross Bay

      1500 sq ft retail space in prime Ozone Park location.
      135-26 Crossbay Blvd, Ozone Park, NY 11417
      View Details
    • Contact for pricing

      Full Floor Space Available

      Architecturally stunning space with high ceilings and triple exposure.
      100-02 Rockaway Blvd, Queens, NY 11417
      View Details
    • $39 SF/Yr
      1,400 SF

      Retail Space with Free Parking

      Retail space available for rent with free parking and signage.
      157 Crossbay Blvd, Howard Beach, NY 11417
      View Details
    • $4,800 /Mo
      2,304 SF

      Ozone Park Storefront on Liberty

      Versatile 1,300 SF storefront on a high-traffic commercial corridor.
      10529 Liberty Ave, Ozone Park, NY 11417
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    135-26 Desarc Rd
    Ozone Park, NY 11417
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!