#489140, Listing Office: Winzone Realty 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
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Last updated on: 3/15/2025, 10:11:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,049,999
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. The most common type of family is married, with kids. The majority of residents in this area have post secondary degree education.
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 $1,049,999.
In February 2025, from all listings sold in Ozone Park, NY there were more than 189 sold above asking price, over 627 sold below and more than 682 were sold right at the asked price. The inventory of homes for sale in Ozone Park, NY between January and February 2025 decreased by 3.1%. While the average time on the market in February 2025 was 130 days, the median list price was $867,439.