12802 135th Ave - Storefront Retail/Residential FOR SALE


South Ozone Park, NY 11420
$1,150,000 USD
516-279-8828
12802 135th Ave, South Ozone Park, NY for Sale
$1,150,000 USD
Storefront Retail/Residential - FOR SALE
1/20
null | 10.79% Cap Rate

12802 135th Ave
South Ozone Park, NY 11420


HIGHLIGHTS

  • Calling All Investors, Developers & End-Users!!! MINT 10.79 Cap 3 Unit Corner Mixed-Use Building For Sale!!!
  • The Property Features Excellent Signage, Great Exposure, High Ceilings, 2 Car Garage, Private Parking, High Ceilings, LED Lighting, +++!!!
  • The Property Was Renovated In 2021-2022!!! The Property Is Located In The Heart Of Ozone Park On The Corner Of Busy 135th Avenue & 128th Street!!!
  • Neighbors Include Resorts World Casino, Aqueduct Racetrack, JFK Airport, Hilton, DSNY, BP, Speedway, +++!!!
  • The Property Is Located Right Off The Belt Parkway! The Property Is Currently Home To A Successful Deli!!!
  • The 4 Br Apartment Was Completely Renovated In 2022!!! Net Operating Income (NOI): $124,069 (Proforma 10.79 Cap!!!)

OVERVIEW

Calling All Investors, Developers & End-Users!!! MINT 10.79 Cap 3 Unit Mixed-Use Building For Sale!!! Renovated In 2021 The Property Features Excellent Signage, Great Exposure, High Ceilings, 2 Car Garage, Private Parking, High Ceilings, LED Lighting, +++!!! The Property Is Located In The Heart Of Ozone Park On The Corner Of Busy 135th Avenue & 128th Street!!! Neighbors Include Resorts World Casino, Aqueduct Racetrack, JFK Airport, Hilton, DSNY, BP, Speedway, +++!!! The Property Is Located Right Off The Belt Parkway! The Property Is Currently Home To A Successful Deli!!! The 4 Br Apartment Was Completely Renovated In 2022!!! Income: Deli: $68,000 (5 Year Lease + (3) 5 Year Options; 3% Ann. Inc.) 4 Br Apartment: $46,200 Ann. M-M 2 Car Garage: $18,000 Ann. Gross Income: $132,200 Ann. Expenses: Gas: $0 Electric: $0 Water: $0 Maintenance & Repairs: $250 Insurance: $2,200 Taxes: $5,681 Total Expenses: $8,131 Net Operating Income (NOI): $124,069 (Proforma 10.79 Cap!!!)

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$411 USD /SF

CAP RATE

10.79%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

128-02 135th Ave., Ozone Park, NY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,200 SF

ZONING

R3-2

APN/PARCEL ID

11862-0031

ASK ABOUT THIS PROPERTY

Matthew ShaneAll Island CommercialMore Info
516-279-8828

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Matthew ShaneAll Island CommercialMore Info
516-279-8828

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.