Mixed-Use Retail and Residential
10304 LIBERTY AVE Jamaica, NY 11417
10304 LIBERTY AVE, Jamaica, NY, 11417
$1,138,888
For Sale
$1,138,888
Ground-floor commercial space with residential units above, with separate heat and hot-water meters.
Property Size2,660 SF
Price / SF$428.15
Days on Market167
Property Features for 10304 LIBERTY AVE
General Information
- Standard status
- Active
- Size
- 2,660 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1920
Listing agency
Tiger Realty Group Inc
(347) 320-2569
Listed by
Emily Hui Chen Liang
(347) 320-2569
Source
Xome
Added: Feb 5 Updated: Jul 21 at 1:59PM Checked: Jul 21 at 1:59PM
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 Group Inc
Investment Insights
Based on property information with market context.
This well-maintained mixed-use building includes ground-floor commercial space with residential units located above. Residential units have separate heat and hot-water meters, supporting independent utility management. The property is currently producing rental income with stable tenants.
The building is situated on Liberty Avenue in Ozone Park, in a busy commercial corridor setting with convenient access to subway lines and public transportation.
As a mixed-use investment, the configuration combines retail frontage at street level with apartments upstairs, creating an income-producing setup within the same building.
The building is situated on Liberty Avenue in Ozone Park, in a busy commercial corridor setting with convenient access to subway lines and public transportation.
As a mixed-use investment, the configuration combines retail frontage at street level with apartments upstairs, creating an income-producing setup within the same building.
Key Highlights
- Mixed‑use building with ground‑floor commercial space and residential units above
- Residential units have separate heat and hot‑water meters
- Cooling: window/wall unit
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.9k | $46.20 |
| − Vacancy | −$4.7k | −$1.76 |
| EGI | $118.2k | $44.44 |
| − OpEx | −$53.2k | −$20.00 |
| NOI | $65.0k | $24.44 |
2,660 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$928.9K
$812.8K – $1.08M
NOI $65,022 @ 7.0% cap · market cap 5.71%
Second Best
Retail
$678.3K
$593.5K – $791.4K
NOI $47,481 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M
NOI $137,269 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Ground-floor commercial space with residential units above, with separate heat and hot-water meters.
Where is this mixed-use property located?
The property is located at 10304 LIBERTY AVE Jamaica, NY.
What is the asking price?
The asking price for this property is $1,138,888.
What are key features of this property?
This property features: Mixed‑use building with ground‑floor commercial space and residential units above; Residential units have separate heat and hot‑water meters; Cooling: window/wall unit
