92-18 Liberty Ave, Ozone Park, NY 11417
2,600 SF | 100% Leased | Retail Building | Ozone Park, NY 11417 | $1,200,000 ($462/SF) | 8.03% Cap Rate
For Sale
Active
Asking Price $1,200,000
- Property Type
-
Retail
- Square Feet
- 2,600 SF
- Price / Square Foot
- $462
Listing Contacts
- Property Info
Property Overview
*SELLER MOTIVATED !!
*PRIME OZONE PARK, QUEENS MIXED USE BUILDING FOR SALE.
*FULLY OCCUPIED 2 STORY BUILDING
*GROUND FLOOR COMMERCIAL TENANT
*3 RESIDENTIAL FREE MARKET APARTMENTS
*LOT SIZE: 2,080 sq ft / 20 ft x 104 ft.
*BUILDING SIZE: 20 ft x 68 ft / 2,600 sq ft
*BUILDIG CLASS: Primarily Two Family with one Store (S2)
*Retail: Candy , Snacks , Beverages Convenient Store.
Paying $1,700.00 Per Month with annual increase.
9 years left on lease.
*1
st floor rear behind store 1R/1 Bedroom Railroad style
But easily can be a 3 bedroom Railroad the way it is layed out.
Tenant just vacated ! Can easily rented for $2,800 Per Month.
*2nd Floor Front 2F/ 2 Bedroom / Paying $2,200 Per Month / MTM
*2nd Floor Rear 2R/ 2 Bedroom / Paying $1,500 Per Month MTM
But should be paying $2,800. Tenant scheduled to move out
end of August.
CURRENT GROSS INCOME:
*Gross Income: Approx: $88,800
*Expenses: Approx. $17,600
*NOI: Approx: $71,200
PROJECTED UPSIDE INCOME
*Gross Income: Approx: $114,000
*Expenses: Approx. $17,600
*NOI: Approx: $96,400
At $1,100,000 (Approx. 9% CAP)
*Detailed Rent Roll and Expenses upon request
*48 Hrs in advance notice for showing.
*Sale Price: $1,200,000 (6% Cap)
*Seller wants all cash buyer immediate close.
*Price Firm
*Seller open to all cash package deal with 25-76 Steinway St.
*PRIME OZONE PARK, QUEENS MIXED USE BUILDING FOR SALE.
*FULLY OCCUPIED 2 STORY BUILDING
*GROUND FLOOR COMMERCIAL TENANT
*3 RESIDENTIAL FREE MARKET APARTMENTS
*LOT SIZE: 2,080 sq ft / 20 ft x 104 ft.
*BUILDING SIZE: 20 ft x 68 ft / 2,600 sq ft
*BUILDIG CLASS: Primarily Two Family with one Store (S2)
*Retail: Candy , Snacks , Beverages Convenient Store.
Paying $1,700.00 Per Month with annual increase.
9 years left on lease.
*1
st floor rear behind store 1R/1 Bedroom Railroad style
But easily can be a 3 bedroom Railroad the way it is layed out.
Tenant just vacated ! Can easily rented for $2,800 Per Month.
*2nd Floor Front 2F/ 2 Bedroom / Paying $2,200 Per Month / MTM
*2nd Floor Rear 2R/ 2 Bedroom / Paying $1,500 Per Month MTM
But should be paying $2,800. Tenant scheduled to move out
end of August.
CURRENT GROSS INCOME:
*Gross Income: Approx: $88,800
*Expenses: Approx. $17,600
*NOI: Approx: $71,200
PROJECTED UPSIDE INCOME
*Gross Income: Approx: $114,000
*Expenses: Approx. $17,600
*NOI: Approx: $96,400
At $1,100,000 (Approx. 9% CAP)
*Detailed Rent Roll and Expenses upon request
*48 Hrs in advance notice for showing.
*Sale Price: $1,200,000 (6% Cap)
*Seller wants all cash buyer immediate close.
*Price Firm
*Seller open to all cash package deal with 25-76 Steinway St.
Property Details
- Year Built
- 1931
- Stories
- 2
- Property Subtype
- Storefront Retail/Residential
- Lot Size (sq. ft)
- 2,178 SF
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