100-08 101St Ave, Ozone Park, NY 11416
This three-story, 3,135 square foot mixed-use building in Ozone Park, NY, presents a compelling investment opportunity. The property, built in 1920, features a 1,035 square foot ground-floor commercial space currently used as a house of worship, offering flexible leasing potential. Above, two three-bedroom apartments (approximately 2,100 square feet total) provide stable residential income. Each unit benefits from a separate gas boiler, minimizing owner utility expenses. A full basement offers additional storage or potential for expansion. The 1,942 square foot lot includes 757 square feet of air rights. Situated on 100-08 101st Ave, this property enjoys a prime location, within walking distance of public transportation, ensuring high tenant demand. Zoned R6B, C2-3, the building measures approximately 55 feet deep and 19 feet wide, maximizing space utilization. The asking price is $1,275,000. This versatile property combines residential and commercial rental potential in a highly accessible and desirable neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.