Jeffrey Farnell - Smitchger Realty Logo
$2,500,000
( $260.42Per Sq Foot )
 $13,421 est/mo Sourced by Back At You

99-12 - 99-16 97th Street,Ozone Park, NY 11416

Ozone Park, NY 11416

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Description

Calling All Investors, Developers & End-Users!!! 100% Occupied 5 Unit Mixed-Use Building In Ozone Park For Sale!!! The Building Features Excellent Signage, Great Exposure, 8 Parking Spaces, High 11’ Ceilings, R4-1 Zoning, (3) 2 Br. Apts., Elevator, All New LED Lighting, 3 Phase Power, CAC, +++!!! The Property Is Located In The Heart Of Ozone Park 2 Blocks Off Woodhaven Blvd.!!! Neighbors Include Chase Bank, Nissan, The Home Depot, Stop & Shop, CubeSmart Self Storage, Safeguard Self Storage, Marshalls, Raymour & Flanigan, CVS, Taco Bell, McDonald’s, Dollar Tree, Subway, Rite Aid, Pizza Hut, KFC, +++!!! The Building Has 62+ Feet Of Frontage On 97th Street!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: LL: Wine Distributor (1,800 Sqft.): $45,600 Ann.; M-M.; Been Here 15+ Years. 1st Floor: Medical Office (1,800 Sqft.): $50,400 Ann.; Lease Exp. 5/26/26. No Options. Been Here Since 2017. 2nd Floor: Apt 1. (2 Br. Apt.; 1,600 Sqft.): $23,328 Ann. 3rd Floor: Apt. 2 (2 Br. Apt.; 1,600 Sqft.): $23,328 Ann. 4th Floor: Apt. 3 (2 Br. 2,400 Sqft. Penthouse + 200 Sqft. Terrace): $23,328 Ann. Medical Office Tax Rebate: $3,000 Ann. Gross Income: $165,984 Ann. Expenses: Gas: $0 Ann. Electric: $860 Ann. (Hallway Only) Maintenance & Repairs: $250 Ann. Insurance: $3,276 Ann. Water & Sewer: $2,400 Ann. Trash: $0 Ann. Taxes: $13,692 Ann. Total Expenses: $20,478 Ann. Net Operating Income (NOI): $145,506 Ann. Reply, Reply All or Forward

Details

MLS #881682
Listing TypeFor Sale
StyleOther
Sub-TypeResale
StatusActive
Year2006
Days On Site425
Listing Provided ByAll Island Estates Realty Corp | Richard Matt Shane

Features

SQ Feet9,600
Story(s)5
Units5
ZoningR 4-1
Acreage0.07

Interior

CoolingCentral Air
HeatingNatural Gas

Exterior

Construction MaterialsBlock, Other
Foundation DetailsOther

Utilities

UtilitiesNatural Gas Available, See Remarks
SewerPublic Sewer

Taxes

Tax Year2025
Tax Annual Amount13692
Tax Lot108

Area Information

StateNY
CountyQueens
CityOzone Park
Zip Code11416
Sourced by Back At You

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Learn More About This Property

Jeffrey Farnell

Jeffrey Farnell

John J Lease REALTORS

GRI (914) 850-1257jeffreygfarnell@yahoo.com
StateNY
CountyQueens
CityOzone Park
Zip Code11416
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.875M - $3.125M
sqft: 7,000 - 12,000
Nearby Listings Property ImageNearby Listings Details
103 12 101 Street Property Photo 1
$205,000
103 12 101 Street
Ozone Park, NY 11417
Listing Updated: July 23, 2026 at 11:44:28 AM PDT

Jeffrey Farnell - Smitchger Realty