Mixed-Use Property with
For Sale
$1,200,000
105-04 Liberty Avenue, Ozone Park, NY 11417
Street-level dining space is combined with a four-bedroom, four-bath residential floor above.
Property Size2,745 SF
Days on Market334
Property Features for 105-04 Liberty Avenue
General Information
Standard status
Active
Size
2,745 SF
Property subtype
Commercial
Zoning
R6B
Additional Details
Floor
1
Taxes and HOA fees
Annual Taxes
$15,275
Building Details
Building Size
2,745 SF
Year Built
1929
Buildings
1
Listing Agency:
Winzone Realty Inc
(917) 353-2279
Listed By:
Weirong Jiang
(917) 353-2279
Source:
Professionalchoicerealty
Added: Oct 1, 2025
Changed: Aug 28
Last Checked: Aug 29 at 10:20AM
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 Winzone Realty Inc
Investment Insights
Based on property information with market context.
Built in 1929, this mixed-use property combines a restaurant on the first floor with residential accommodations on the level above. The restaurant occupies 1,500 square feet, while the second floor contains four bedrooms and four baths. A 1,450-square-foot basement provides additional interior space.
The property is located at 105-04 Liberty Avenue in Ozone Park, NY 11417, and carries R6B zoning. Its configuration brings together commercial restaurant space, upper-floor residential use, and substantial basement area within one building.
The property is located at 105-04 Liberty Avenue in Ozone Park, NY 11417, and carries R6B zoning. Its configuration brings together commercial restaurant space, upper-floor residential use, and substantial basement area within one building.
Key Highlights
- 1,500‑square‑foot first‑floor restaurant
- Second floor includes 4 bedrooms and 4 baths
- 1,450‑square‑foot basement
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,328
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$706,560
$706.6K
Cap Rate 7%
$504,686
$504.7K
Cap Rate 9%
$392,533
$392.5K
Market Conditions
NOI Build-Up for 2,745 SF
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.
Gross rent
$65.9K $24.00/SF
− Vacancy
−$9.4K −$3.41/SF
EGI
$56.5K $20.59/SF
− OpEx
−$21.2K −$7.72/SF
NOI
$35.3K $12.87/SF
Area
Queens County, NY
Vacancy
14.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$706,560
Cap Rate 7%
$504,686
Cap Rate 9%
$392,533
Alternative Uses
Best Use
Specialty Retail
$1.81M
$1.59M – $2.12M
NOI $127,045 @ 7.0% cap · market cap 10.59%
Second Best
Mixed Use
$504.7K
$441.6K – $588.8K
NOI $35,328 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,655 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level dining space is combined with a four-bedroom, four-bath residential floor above.
Where is this mixed-use property located?
The property is located at 105-04 Liberty Avenue Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1,500‑square‑foot first‑floor restaurant; Second floor includes 4 bedrooms and 4 baths; 1,450‑square‑foot basement
