Description
Calling All Investors, Developers, & End-Users!!! Free Market Mixed-Use Building With Private Gated Parking In Ozone Park For Sale!!! The Property Features Excellent Signage, Great Exposure, 2 Lots, Smart Meters, Courtyard, 4 Br. Free Market Apartment with Terrace, Strong R4-1 Zoning, High 9' Ceilings, CCTY/Security System, Basement, 2 Fireplaces, Outdoor Terrace, Low Property Taxes, 6 Parking Spaces In A Private Gated Lot, Separate Meters, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Ozone Park 2 Blocks From Cross Bay Blvd. & Minutes From JFK Airport!!! The Building Was Renovated In 2020 & 2022!!! The Property Has 19' Of Frontage On Sutter Avenue & 24' Of Frontage On Chicot Road!!! Neighbors Include Starbucks, UPS, Nissan, The Home Depot, Stop & Shop, LA Fitness, Safeguard Self Storage, Marshalls, Raymour & Flanigan, Karako Suits, Mattress Firm, Dollar Tree, IHOP, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: Regency Grand Ballroom: $60,000 Ann. M-M. 2nd Floor Apt. (4 Br., 1.5 Bath, 1720 SF): $42,000 Ann.; M-M. LL: $18,000 Ann. (Available) Parking: $8,600 Ann. Pro Forma Gross Income: $128,600 Ann. Expenses: Gas: $2,400 Ann. Electric: $2,100 Ann. (1st Floor & Basement Only) Maintenance & Repairs: $250 Ann. Water & Sewer: $840 Ann Insurance: $2,200 Ann. Taxes: $5,997 Ann. Total Expenses: $13,787 Ann. Net Operating Income (NOI): $114,813 Ann. (Pro Forma 9.98 Cap!!!)
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School Ratings & Info
Description
Calling All Investors, Developers, & End-Users!!! Free Market Mixed-Use Building With Private Gated Parking In Ozone Park For Sale!!! The Property Features Excellent Signage, Great Exposure, 2 Lots, Smart Meters, Courtyard, 4 Br. Free Market Apartment with Terrace, Strong R4-1 Zoning, High 9' Ceilings, CCTY/Security System, Basement, 2 Fireplaces, Outdoor Terrace, Low Property Taxes, 6 Parking Spaces In A Private Gated Lot, Separate Meters, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Ozone Park 2 Blocks From Cross Bay Blvd. & Minutes From JFK Airport!!! The Building Was Renovated In 2020 & 2022!!! The Property Has 19' Of Frontage On Sutter Avenue & 24' Of Frontage On Chicot Road!!! Neighbors Include Starbucks, UPS, Nissan, The Home Depot, Stop & Shop, LA Fitness, Safeguard Self Storage, Marshalls, Raymour & Flanigan, Karako Suits, Mattress Firm, Dollar Tree, IHOP, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: Regency Grand Ballroom: $60,000 Ann. M-M. 2nd Floor Apt. (4 Br., 1.5 Bath, 1720 SF): $42,000 Ann.; M-M. LL: $18,000 Ann. (Available) Parking: $8,600 Ann. Pro Forma Gross Income: $128,600 Ann. Expenses: Gas: $2,400 Ann. Electric: $2,100 Ann. (1st Floor & Basement Only) Maintenance & Repairs: $250 Ann. Water & Sewer: $840 Ann Insurance: $2,200 Ann. Taxes: $5,997 Ann. Total Expenses: $13,787 Ann. Net Operating Income (NOI): $114,813 Ann. (Pro Forma 9.98 Cap!!!)
© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty NYC Group. Data last updated: 2025-03-23T12:17:35.987.