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12802 135th Ave
South Ozone Park, NY 11420

$1,150,000 USD

Storefront Retail Residential For Sale  •  2,800 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 2,800 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1931
  • Cap Rate 10.79 %
  • Tenancy Multiple
  • Zoning R3-2
63 Transit Score
50 Walk Score

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!!!)

Financial Summary (Actual)

Net Operating Income: $124,069 USD (2021)
Cap Rate: 10.79 %
Total Expenses: $8,131 USD

Amenities

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Corner Lot
  • Fenced Lot
  • Restaurant
  • Security System
  • Signage
  • Skylights
  • Storage Space
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Jamaica Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 5 min - 2.9 mi
Locust Manor Station (Far Rockaway Branch - Long Island Rail Road) 8 min - 3.3 mi
Transit/SubwayDriveWalkDistance
Lefferts Boulevard (AirTrain JFK-Howard Beach - Port Authority of New York and New Jersey Airtrain (Airtrain)) 4 min 19 min 1.0 mi
AirportDriveWalkDistance
John F Kennedy International 6 min - 3.5 mi
Laguardia 16 min - 9.4 mi
Newark Liberty International 42 min - 29.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Matthew Shane 516-279-8828 All Island Commercial
Matthew Shane 516-279-8828 All Island Commercial