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Niels Pennings

niels@nielspennings.com +1(917) 583-2567

$ 1,050,000

Est. payment -/mo

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Active

87-16 Liberty AVE Ozone Park, NY 11417

6 Beds

2 Baths

1,742 Sqft Lot

UPDATED:

11/08/2024 07:04 AM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3575492

Style Two Story

Bedrooms 6

Full Baths 2

Originating Board onekey

Rental Info No

Year Built 1935

Annual Tax Amount $6,247

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 19.33x86.25

Property Description

If you're in the market for a versatile investment property in a thriving neighborhood, look no further than 87-16 Liberty Ave, Ozone Park, NY 11417. Listed at $1,050,000, this B9-classified property offers a unique blend of residential and commercial potential that promises robust returns. Situated on bustling Liberty Avenue and within six blocks of Cross Bay and Rockaway Blvd, this mixed-use property boasts an ideal location. The first floor features a commercial space perfect for a retail store or office, while the second floor offers a residential dwelling. This dual-purpose setup is not just convenient but also maximizes revenue streams by catering to both commercial and residential tenants. Accessibility is one of the standout features of this property. With quick and easy access to trains, buses, restaurants, grocery stores, and other conveniences, it's an attractive option for potential tenants. Proximity to the Q112, Q41, and Q8 buses as well as the "A" train line ensures seamless commuting options. Additionally, being close to parks and JFK Airport further enhances its appeal. For investors looking for flexibility in financing, owner financing is available with a substantial down payment. This can ease the financial burden and make it easier to acquire this promising property. The mixed-use classification allows for a variety of business opportunities on the ground floor while maintaining steady rental income from the residential unit above. Whether you're an investor seeking rental income or an entrepreneur looking to run your own business while living upstairs, this property offers unparalleled potential. In summary, 87-16 Liberty Ave is more than just a piece of real estate; it's an investment in a vibrant community with endless possibilities. Its strategic location combined with its mixed-use capabilities makes it a prime candidate for anyone looking to diversify their investment portfolio. Don't miss out on this exceptional opportunity!

Location

State NY

County Queens

Rooms

Basement Full

Kitchen 2

Interior

Heating Natural Gas, Hot Water

Cooling None

Fireplace No

Exterior

Garage None

Parking Type None

Garage false

Building

Lot Description Near Public Transit

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

New Construction No

Schools

Elementary Schools Queens Explorers Elementary School

Middle Schools Jhs 210 Elizabeth Blackwell

High Schools John Adams High School

School District Queens 27

Others

Senior Community No

Special Listing Condition None

Listed by GMA Enterprise • 718-322-4030

Niels Pennings

Real Estate Advisor | RES.RES.0814910

+1(917) 583-2567

Niels Pennings

87-16 Liberty AVE Ozone Park, NY 11417

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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87-16 Liberty AVE