Log In/Sign Up
Your email has been sent.
128-02 135th Ave., Ozone Park, NY 12802 135th Ave 2,800 SF 100% Leased Retail Building South Ozone Park, NY 11420 $1,564,356 CAD ($558.70 CAD/SF) 10.79% Cap Rate
Investment Highlights
- Calling All Investors, Developers & End-Users!!! MINT 10.79 Cap 3 Unit Corner Mixed-Use Building For Sale!!!
- 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!!!
- The Property Is Located Right Off The Belt Parkway! The Property Is Currently Home To A Successful Deli!!!
- The Property Features Excellent Signage, Great Exposure, High Ceilings, 2 Car Garage, Private Parking, High Ceilings, LED Lighting, +++!!!
- Neighbors Include Resorts World Casino, Aqueduct Racetrack, JFK Airport, Hilton, DSNY, BP, Speedway, +++!!!
- The 4 Br Apartment Was Completely Renovated In 2022!!! Net Operating Income (NOI): $124,069 (Proforma 10.79 Cap!!!)
Executive Summary
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!!!)
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!!!)
Financial Summary (Actual - 2021) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$179,833
|
$64.23
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$179,833
|
$64.23
|
| Taxes |
$7,728
|
$2.76
|
| Operating Expenses |
$3,333
|
$1.19
|
| Total Expenses |
$11,061
|
$3.95
|
| Net Operating Income |
$168,772
|
$60.28
|
Financial Summary (Actual - 2021)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $179,833 |
| Annual Per SF | $64.23 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $179,833 |
| Annual Per SF | $64.23 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,728 |
| Annual Per SF | $2.76 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $3,333 |
| Annual Per SF | $1.19 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $11,061 |
| Annual Per SF | $3.95 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $168,772 |
| Annual Per SF | $60.28 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,800 SF
Building Class
C
Year Built/Renovated
1931/2022
Price
$1,564,356 CAD
Price Per SF
$558.70 CAD
Cap Rate
10.79%
NOI
$168,772 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.27
Lot Size
0.05 AC
Zoning
R3-2
Parking
6 Spaces (2.14 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Bus Line
- Commuter Rail
- Corner Lot
- Fenced Lot
- Restaurant
- Security System
- Signage
- Skylights
- Storage Space
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 11862-0031 | Total Assessment | $44,769 CAD (2025) |
| Land Assessment | $11,517 CAD (2025) | Annual Taxes | $7,728 CAD ($2.76 CAD/SF) |
| Improvements Assessment | $33,253 CAD (2025) | Tax Year | 2021 |
Property Taxes
Parcel Number
11862-0031
Land Assessment
$11,517 CAD (2025)
Improvements Assessment
$33,253 CAD (2025)
Total Assessment
$44,769 CAD (2025)
Annual Taxes
$7,728 CAD ($2.76 CAD/SF)
Tax Year
2021
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
128-02 135th Ave., Ozone Park, NY | 12802 135th Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.