#846272, Listing Office: A J Realty of Queens Inc
87-16 Liberty Ave Ozone Park, NY 11417
Property details
About 87-16 Liberty Ave
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!
Highlights
Summary
- MLS Number: L3575492
- MLS Name: ONEKEY2
- Office Name: GMA Enterprise
- Office Phone: (718) 322-4030
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Last updated on: 4/8/2025, 11:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,024,999
87-16 Liberty Ave
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
P.S. 64 Joseph P. Addabbo School
Public District KG-5
0.4 mi
•8201 101st Ave
6
P.S. 63 Old South School
Public District KG-5
0.4 mi
•9015 Sutter Ave
7
Queens Explorers Elementary School
Public Magnet PK-5
0.4 mi
•9007 101st Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $80,208. Typical income of Ozone Park, NY residents is between $35k-100k annually. Typical family type is married, with kids. The most common level of education of people living in this area is post secondary degree.
Similar homes for sale
This home is located at 87-16 Liberty Ave in Ozone Park, NY and zip code 11417 in the Ozone Park neighborhood. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $1,024,999.
In March 2025 more than 180 listings in Ozone Park, NY were sold above the asking price. During the same period more than 763 listings were sold at asking price, while more than 693 were sold below. The inventory of homes for sale in Ozone Park, NY between February and March 2025 increased by 5.1%. Listings spent 143 days on the market in March 2025, and had a median list price of $869,492 during the same period.