10120 101st St
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10120 101st St
12,000 SF Industrial Building Ozone Park, NY 11416 $2,900,000 ($242/SF)
Investment Highlights
- High Ceilings
- Open Plan with exposed brick walls
- Lots of Natural Light
Executive Summary
Prime investment opportunity. This is a two-story Industrial Building M1-2 zoned in the Ozone Park Neighborhood of Queens, New York. This building includes two Commercial Units that will be delivered vacant. The first unit is currently being used as an onsite dry cleaner and the second unit is vacant. A variety of usage maximizes the opportunity as a great investment. This property is close to all public transportation including the ''A" train, Buses, Woodhaven Blvd, JFK Airport, and Resorts World Casino.
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$240,000
|
$20.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$240,000
|
$20.00
|
| Taxes |
$38,374
|
$3.20
|
| Operating Expenses |
$5,000
|
$0.42
|
| Total Expenses |
$43,374
|
$3.61
|
| Net Operating Income |
$196,626
|
$16.39
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $240,000 |
| Annual Per SF | $20.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $240,000 |
| Annual Per SF | $20.00 |
| Taxes | |
|---|---|
| Annual | $38,374 |
| Annual Per SF | $3.20 |
| Operating Expenses | |
|---|---|
| Annual | $5,000 |
| Annual Per SF | $0.42 |
| Total Expenses | |
|---|---|
| Annual | $43,374 |
| Annual Per SF | $3.61 |
| Net Operating Income | |
|---|---|
| Annual | $196,626 |
| Annual Per SF | $16.39 |
Property Facts
Amenities
- 24 Hour Access
- Front Loading
- Mezzanine
- Storage Space
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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Walk Score ®
Walker's Paradise (90)
Transit Score ®
Excellent Transit (83)
PROPERTY TAXES
| Parcel Number | 09418-0007 | Total Assessment | $362,790 |
| Land Assessment | $59,850 | Annual Taxes | $38,374 ($3.20/SF) |
| Improvements Assessment | $302,940 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
09418-0007
Land Assessment
$59,850
Improvements Assessment
$302,940
Total Assessment
$362,790
Annual Taxes
$38,374 ($3.20/SF)
Tax Year
2024
zoning
| Zoning Code | M1-2 (Industrial) |
| M1-2 (Industrial) |
-
Sher ( Ryan) Singh -
Keller Williams Realty, Inc.
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10120 101st St
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