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9916 97th St
Ozone Park, NY 11416 Ozone Park

$2,950,000 USD

Office Residential For Sale  •  4,700 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 4,700 SF
  • Lot Size 0.07 AC
  • Building Class B
  • Year Built 2006
  • Cap Rate 7.91 %
  • Tenancy Multiple
  • Zoning R4-1
85 Transit Score
90 Walk Score

Highlights

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, 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,+++!!
The Building Has 62+ Feet Of Frontage On 97th Street!!!
This Property Offers HUGE Upside Potential!!!

Financial Summary (Actual)

Net Operating Income: $233,322 USD (2024)
Cap Rate: 7.91 %
Total Expenses: $20,478 USD

Amenities

  • 24 Hour Access
  • Security System
  • Roof Terrace
  • Storage Space
  • Sky Terrace
  • Air Conditioning
  • Balcony

Public Transportation

Commuter RailDriveWalkDistance
Jamaica Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 6 min - 2.8 mi
Kew Gardens Station (Babylon Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road) 8 min - 3.0 mi
Transit/SubwayDriveWalkDistance
Rockaway Boulevard (A - New York MTA Subway (The Subway)) 1 min 7 min 0.4 mi
104 Street (A Line) (A - New York MTA Subway (The Subway)) 2 min 11 min 0.6 mi
88 Street (A - New York MTA Subway (The Subway)) 3 min 12 min 0.7 mi
111 Street (A Line) (A - New York MTA Subway (The Subway)) 3 min 17 min 0.9 mi
104 Street (J,Z Line) (J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
John F Kennedy International 11 min - 6.3 mi
LaGuardia 16 min - 9.1 mi
Newark Liberty International 41 min - 24.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Matthew Shane 516-279-8828 All Island Commercial
Matthew Shane 516-279-8828 All Island Commercial