Mixed use property for sale. 1st FL Restaurant 1500 Sq ft. 2nd FL 4 bedrooms, 4 baths. Basement 1450 Sq ft.
Opportunity Knocks for Investors and developers in the heart of Ozone Park. Mixed-use High income produce property. It is situated in a super convenient location that is close to A trains, buses, supermarkets, restaurants, etc. Solid Brick Construction features one commercial retail store and 2 residential units. Property is fully vacant!
Calling All Investors, Developers, & End-Users!!! Free Market Mixed-Use Building With Private Gated Parking In Ozone Park For Sale!!! The Property Features Excellent Signage, Great Exposure, 2 Lots, Smart Meters, Courtyard, 4 Br. Free Market Apartment with Terrace, Strong R4-1 Zoning, High 9’ Ceilings, CCTY/Security System, Basement, 2 Fireplaces, Outdoor Terrace, Low Property Taxes, 6 Parking Spaces In A Private Gated Lot, Separate Meters, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Ozone Park 2 Blocks From Cross Bay Blvd. & Minutes From JFK Airport!!! The Building Was Renovated In 2020 & 2022!!! The Property Has 19’ Of Frontage On Sutter Avenue & 24’ Of Frontage On Chicot Road!!! Neighbors Include Starbucks, UPS, Nissan, The Home Depot, Stop & Shop, LA Fitness, Safeguard Self Storage, Marshalls, Raymour & Flanigan, Karako Suits, Mattress Firm, Dollar Tree, IHOP, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: Regency Grand Ballroom: $60,000 Ann. M-M. 2nd Floor Apt. (4 Br., 1.5 Bath, 1720 SF): $42,000 Ann.; M-M. LL: $18,000 Ann. (Available) Parking: $8,600 Ann. Pro Forma Gross Income: $128,600 Ann. Expenses: Gas: $2,400 Ann. Electric: $2,100 Ann. (1st Floor & Basement Only) Maintenance & Repairs: $250 Ann. Water & Sewer: $840 Ann Insurance: $2,200 Ann. Taxes: $5,997 Ann. Total Expenses: $13,787 Ann. Net Operating Income (NOI): $114,813 Ann. (Pro Forma 9.98 Cap!!!)

Ozone Park is located in New York. Ozone Park, New York has a population of 1,077.
The median household income for the surrounding county is $75,886 compared to the national median of $69,021. The median age of people living in Ozone Park is 9.6 years.
The average high temperature in July is 84.25 degrees, with an average low temperature in January of 26.4 degrees. The average rainfall is approximately 46.05 inches per year, with 25.05 inches of snow per year.