$1,049,999

87-16 Liberty Ave Ozone Park, NY 11417

$10,000
Closing credit¹
6 beds
2 full
Multi-Family

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

Home typeDuplex
HeatingNatural Gas, Hot Water
StatusActive
Year built1935
MLS #L3575492

Summary

  • MLS Number: L3575492
  • MLS Name: ONEKEY2
  • Office Name: GMA Enterprise
  • Office Phone: (718) 322-4030

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

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IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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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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view of front of property with cooling unit

$1,049,999

87-16 Liberty Ave

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

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.

All data from GreatSchools

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.

How much money do the neighbors make?

0%
<35k
71%
35k-100k
29%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

28%
Single, No Kids
29%
Single, with Kids
0%
Married, No Kids
43%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
31%
18-34 yrs old
38%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • TennisTennis

Where do the neighbors shop?

  • IKEAIKEA
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • StarbucksStarbucks

What do the neighbors drive?

  • LexusLexus
  • BMWBMW

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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