99-12 - 99-16 97th Street
Ozone Park, NY, 11416 $ 2,950,000
Bedrooms-- Baths-- Sq 9,600 Monthly Estimate*
$ 18,404
for $2,950,000. This 9,600 square foot building was built in 2006 on a lot size of 0.071832.
Calling All Investors, Developers & End-Users!!! 100% Occupied 5 Unit Free Market Mixed-Use Building In Ozone Park For Sale!!! The Building Features Excellent Signage, Great Exposure, 8 Parking Spaces, High 11’ Ceilings, R4-1 Zoning, (3) 2 Br. Apts., Elevator, All New LED Lighting, 3 Phase Power, CAC, +++!!! The Property Is Located In The Heart Of Ozone Park 2 Blocks Off Woodhaven Blvd.!!! Neighbors Include Chase Bank, Nissan, The Home Depot, Stop & Shop, CubeSmart Self Storage, Safeguard Self Storage, Marshalls, Raymour & Flanigan, CVS, Taco Bell, McDonald’s, Dollar Tree, Subway, Rite Aid, Pizza Hut, KFC, +++!!! The Building Has 62+ Feet Of Frontage On 97th Street!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: LL: Wine Distributor (1,800 Sqft.): $45,600 Ann.; M-M.; Been Here 15+ Years. 1st Floor: Medical Office (1,800 Sqft.): $50,400 Ann.; Lease Exp. 5/26/26. No Options. Been Here Since 2017. 2nd Floor: Apt 1. (2 Br. Apt.; 1,600 Sqft.): $48,600 Ann. 3rd Floor: Apt. 2 (2 Br. Apt.; 1,600 Sqft.): $48,600 Ann. 4th Floor: Apt. 3 (2 Br. 2,400 Sqft. Penthouse + 200 Sqft. Terrace): $57,600 Ann. Medical Office Tax Rebate: $3,000 Ann. Gross Income: $253,800 Ann. Expenses: Gas: $0 Ann. Electric: $860 Ann. (Hallway Only) Maintenance & Repairs: $250 Ann. Insurance: $3,276 Ann. Water & Sewer: $2,400 Ann. Trash: $0 Ann. Taxes: $13,692 Ann. Total Expenses: $20,478 Ann. Net Operating Income (NOI): $233,322 Ann. (7.18% Cap!!!)
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities Natural Gas Available See Remarks
Zoning R 4-1
Construction Materials Block Other
Year Built 2006
Property Subtype Other
Tax Year 2025
Gross Income 253800
Business Type Medical
County Queens
Property Type Commercial Sale
City New York
Number Of Units Total 5
Property Attached Y/N N
Tax Annual Amount 13692
Building Area Units Square Feet
Standard Status Active
Tax Lot 108
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ExteriorWater Source Public
Total Parking 8
Parking Spaces 8
Foundation Details Other
Building Area Total 9600
Waterfront Y/N N
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InteriorTotal Stories 5
Basement (Y/N) N
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* Excluded FeaturesList ByRichard Matt ShaneListing Agent
All Island Estates Realty CorpBroker
Affordability Calculator
- Monthly Principal & Interest
- $18,404
- Monthly Property Taxes
- $1,141
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Ozone Park, NY
Average List Price $1,794,995
Percent of Sale Price 39%
About Ozone Park, NY 62,713 Population
0% Since 2002
$ 0 Median Income
0 Median Age
42% Households with Children
Trends Information provided by ATTOM Data Solutions.
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/24/2025 | $2,950,000 | -9.23% | Price Down |
| 7/22/2025 | $3,250,000 | -10.96% | Price Down |
| 6/24/2025 | $3,650,000 | | Listed Price |