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92-16 95th Ave Ozone Park Mixed-Use 2 Family 9216 95th Ave 3 Unit Apartment Building $1,948,100 CAD ($649,367 CAD/Unit) 6.34% Cap Rate Ozone Park, NY 11416

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INVESTMENT HIGHLIGHTS

  • Free Market Rents
  • Totally renovated
  • Near Subway and shopping
  • Tremendous Potential

EXECUTIVE SUMMARY

For Sale: 92-16 95th Ave, Ozone Park, NY, 11416
Description: Corner 2 Family
mixed use building featuring a 2,500 SF corner Store and Two 1,000 Sq.Ft renovated apartments.
RE. Tax: $8,579
Property Video: https://www.youtube.com/watch?v=RBtptm00DHc
Tenants pay electric, gas and hot water (3 boilers and 3 water tanks)
LAYOUT:
*1st Floor: 2,500 SF corner store used by a contractor. $3,200. No Lease
*2nd Floor: Vacant Renovated 1,000 Sq.Ft 5 room apartment
*3rd Floor: 1,000 Sq.Ft 5 room apartment. $2,250 No Lease.
*Basement: 1,100 SF Basement is used as storage for the store

Current Gross Income: $107,400
Expenses: (RE Tax, Water/Sewer, Insurance, Electric) = $, 18,579
Net Operating Income: $ 88,821 (6.3 Cap)
Projected Income at Market: $144,000 per year
Annual Expenses: (RE Tax, Water/Sewer, Insurance, Electric) = $, 18,579
Projected Net Operating Income: $125,421 (8.95 Cap)

Price: $1.4 Million (6.3 Cap at current rent) or (8.95 Cap at projected rents)
For More information contact REMAX TEAM
1) Victor Weinberger 917-806-7040 (email VWremax@gmail.com)
2) Nick Psomopoulos 917-882-3230 (E-mail: Npsomopoulos@yahoo.com)
For Appointment and financials contact exclusive broker:
*Victor Weinberger of Re/Max Team
*917-806-7040 (cell) 917-591-8000 (eFax)
*718-429-4400 (office)
*E-mail: VWremax@gmail.com
*Web: http://www.VictorWeinberger.com

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $149,447 $17.08
Other Income - -
Vacancy Loss - -
Effective Gross Income $149,447 $17.08
Taxes - -
Operating Expenses - -
Total Expenses $25,853 $2.95
Net Operating Income $123,594 $14.13

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual $149,447
Annual Per SF $17.08
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $149,447
Annual Per SF $17.08
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $25,853
Annual Per SF $2.95
Net Operating Income (CAD)
Annual $123,594
Annual Per SF $14.13

PROPERTY FACTS

Price $1,948,100 CAD
Price Per Unit $649,367 CAD
Sale Type Investment
Cap Rate 6.34%
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.11 AC
Building Size 5,000 SF
Average Occupancy 66%
No. Stories 3
Year Built/Renovated 1931/2022
Zoning R5 / C1-3 - C1-2 R5

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Hardwood Floors
  • Yard
  • Basement
  • Deck

SITE AMENITIES

  • 24 Hour Access
  • Public Transportation
Walk Score®
Very Walkable (80)
Transit Score®
Excellent Transit (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09032-0007
Land Assessment
$49,864 CAD
Improvements Assessment
$90,183 CAD
Total Assessment
$140,046 CAD
  • Listing ID: 37529920

  • Date on Market: 2025-09-03

  • Last Updated:

  • Address: 9216 95th Ave, Ozone Park, NY 11416

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