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    OFF-MARKET
    Mixed-use properties

    100-08 101St Ave, Ozone Park, NY 11416

    3,135 SF Built 1920
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 1920
    Total area 3,135 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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