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!
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Interior Details
Heating & Cooling
Heating:Natural Gas, Hot Water
Beds & Baths
Bedrooms:6
Bathrooms:2
Full Baths:2
Property Details
Property
Lot description:Near Public Transit
Measurements
Acres:0.04
Construction Details
Type & Style
Property type:Purchase
Basement:1
Condition
Year built:1935
Utilities / Energy Details
Utility
Sewer information:Public Sewer
Utility source:Public
Community and Neighborhood Details
Community
Community features:Park, Near Public Transportation
Location
School district:Queens 27
Elementary School:Queens Explorers Elementary School
Middle School:Jhs 210 Elizabeth Blackwell
High School:John Adams High School
County:Queens
Financial Details
Pricing Details
Original List Price:$1, 050, 000
Taxes annual:$6, 247
Other
Source
MLS #:3575492
Location
Legal
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Last Updated: . Source: ONEKEY
Listing Courtesy Listing Agent: Rafi A Ahmad Listing Office: GMA Enterprise
Keller Williams LandmarkAsk Vinny Thompson team
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.