Mixed-Use Building with Commercial
For Sale
$1,080,000
Pending
103-04 Liberty Avenue, Ozone Park, NY 11417
Ground-floor commercial space is paired with residential units above and separate heat and hot water meters.
Property Size2,660 SF
Days on Market221
Property Features for 103-04 Liberty Avenue
General Information
Standard status
Pending
Size
2,660 SF
Property subtype
Mixed Use
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,773
Building Details
Building Size
2,660 SF
Year Built
1920
Buildings
1
Tenancy
Multi
Listing Agency:
Tiger Realty
Listed By:
Xu (Susan) Chen
(917) 708-9966
Source:
Penrealty
Added: Mar 12
Changed: Oct 5
Last Checked: Oct 16 at 3:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tiger Realty
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Investment Insights
Based on property information with market context.
Built in 1920, this mixed-use property combines a ground-floor commercial space with residential units on the floors above. The residential component includes separate meters for heat and hot water, while the property is currently generating rental income with tenants in place.
The building is located at 103-04 Liberty Avenue in Ozone Park, along a commercial corridor with access to subway lines and public transportation. Its reported property size is 2,660, and the address places commercial and residential uses within the same building.
The building is located at 103-04 Liberty Avenue in Ozone Park, along a commercial corridor with access to subway lines and public transportation. Its reported property size is 2,660, and the address places commercial and residential uses within the same building.
Key Highlights
- Ground‑floor commercial space with residential units above
- Separate heat and hot water meters for the residential units
- Located at 103‑04 Liberty Avenue in Ozone Park, NY 11417
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,022
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,300,440
$1.3M
Cap Rate 7%
$928,886
$928.9K
Cap Rate 9%
$722,467
$722.5K
Market Conditions
NOI Build-Up for 2,660 SF
Gross rent
$122.9K $46.20/SF
− Vacancy
−$4.7K −$1.76/SF
EGI
$118.2K $44.44/SF
− OpEx
−$53.2K −$20.00/SF
NOI
$65.0K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,300,440
Cap Rate 7%
$928,886
Cap Rate 9%
$722,467
Alternative Uses
Best Use
Apartment 5plus
$928.9K
$812.8K – $1.08M
NOI $65,022 @ 7.0% cap · market cap 6.02%
Second Best
Retail
$678.3K
$593.5K – $791.4K
NOI $47,481 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M
NOI $137,269 @ 7.0% cap · market cap 12.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,397
Businesses Nearby
125k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 38%
Groceries 15%
Electronics 4%
Golden Farms
Groceries
19,299 visits/mo
0.1 miles
BP
Shops & Services
19,220 visits/mo
0.5 miles
Chase Bank
Shops & Services
17,351 visits/mo
0.2 miles
Burger King
Dining
12,433 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
11,640 visits/mo
0.4 miles
Demographics for 11417, NY
31,229
Population
9,855
Households
3.2
Avg Household Size
38
Median Age
25%
College-Educated
78%
High-School Grad
1.1 sq mi
ZIP Area
28,390
Density / Sq Mi
$86,330
Median Household Income
$42,193
Median Earnings
$1,853
Median Rent
$731,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial space is paired with residential units above and separate heat and hot water meters.
Where is this mixed-use property located?
The property is located at 103-04 Liberty Avenue Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: Ground‑floor commercial space with residential units above; Separate heat and hot water meters for the residential units; Located at 103‑04 Liberty Avenue in Ozone Park, NY 11417
