Mixed-Use Storefront with
For Sale
$1,300,000
135-07 Liberty Ave, Queens, NY 11419
Mixed-use property with storefront, apartment, and garage.
Property Size1,944 SF
Lot Size0.03 Acres
Days on Market312
Property Features for 135-07 Liberty Ave
General Information
Standard status
Active
Size
1,944 SF
Lot size
0.03 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$14,180
Building Details
Building Size
1,944 SF
Year Built
1925
Units
1
Listed By:
Andrew Mackhanlall
(718) 641-3300
Source:
Elliman
Added: Nov 28, 2025
Changed: Sep 26
Last Checked: Oct 5 at 7:42PM
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 Andrew Mackhanlall
Investment Insights
Based on property information with market context.
This mixed-use property presents an opportunity for investment or business startup. It features a storefront, a second-floor apartment with three bedrooms, and a full basement. The property is being sold as a package deal that includes an additional lot located behind the mixed-use building at 102-39 135 Street. This additional lot, measuring 10 feet by 95.08 feet, has its own deed and includes a private driveway and a large garage capable of holding four cars. Please note that the garage roof has a leak and mold is present. The property is being sold with existing Department of Buildings (DOB) violations. Prospective buyers should independently verify all information.
Key Highlights
- Mix‑use property featuring a storefront and a comfortable 3‑bedroom apartment.
- Separate lot (102‑39 135 Street) included with its own deed.
- Large 4‑car garage located in the rear.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,520
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$950,400
$950.4K
Cap Rate 7%
$678,857
$678.9K
Cap Rate 9%
$528,000
$528.0K
Market Conditions
NOI Build-Up for 1,944 SF
Gross rent
$89.8K $46.20/SF
− Vacancy
−$3.4K −$1.76/SF
EGI
$86.4K $44.44/SF
− OpEx
−$38.9K −$20.00/SF
NOI
$47.5K $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%
$950,400
Cap Rate 7%
$678,857
Cap Rate 9%
$528,000
Alternative Uses
Best Use
Apartment 5plus
$678.9K
$594.0K – $792.0K
NOI $47,520 @ 7.0% cap · market cap 3.66%
Second Best
Retail
$495.7K
$433.8K – $578.3K
NOI $34,700 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,320 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,273
Businesses Nearby
Explore this area
Business Placement
Demographics for 11419, NY
47,430
Population
13,607
Households
3.5
Avg Household Size
39
Median Age
21%
College-Educated
73%
High-School Grad
1.1 sq mi
ZIP Area
43,118
Density / Sq Mi
$91,231
Median Household Income
$41,091
Median Earnings
$1,920
Median Rent
$678,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with storefront, apartment, and garage.
Where is this mixed-use property located?
The property is located at 135-07 Liberty Ave Queens, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Mix‑use property featuring a storefront and a comfortable 3‑bedroom apartment.; Separate lot (102‑39 135 Street) included with its own deed.; Large 4‑car garage located in the rear.
