For Sale: 92-16 95th Ave, Ozone Park, NY, 11416 Description: Corner 2 Family Free Market Rents 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. NL *2nd Floor: Vacant Renovated 1,000 Sq.Ft 5 room apartment *3rd Floor: 1,000 Sq.Ft 5 room apartment. NL. Market value: *Basement: 1,100 SF Basement is used as storage 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) (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) *The Victor Weinberger Team at Re/Max Team, Inc *(cell) 917-806-7040 *(eFax) 917-591-8000 *(office) 718-429-4400 *E-mail: VWremax@gmail.com *Website: www.VictorWeinberger.com *140,000+ agents / 8,000+ offices / 110+ countries