Calling All Investors, Developers & End-Users!!! 100% Occupied 5 Unit Free Market 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.): $48,600 Ann.



3rd Floor:



Apt. 2 (2 Br. Apt.; 1,600 Sqft.): $48,600 Ann.



4th Floor:



Apt. 3 (2 Br. 2,400 Sqft. Penthouse + 200 Sqft. Terrace): $57,600 Ann.



Medical Office Tax Rebate: $3,000 Ann.



Gross Income: $253,800 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): $233,322 Ann. (7.18% Cap!!!)