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Mixed-Use Property with Retail Space
For Sale
$1,095,000

92-18 Liberty Avenue, Ozone Park, NY 11417

Two-story building combines a storefront with three apartments and updated electrical and mechanical systems.

Property SizeContact for details
Days on Market629

Property Features for 92-18 Liberty Avenue

General Information

Standard status Active
Property subtype Multi Family

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 3BR, 1 x 2BR, 1 x 1BR
Multifamily Units 3

Additional Details

Cap Rate 8%

Taxes and HOA fees

Annual Taxes $7,427

Building Details

Year Built 1931
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: RE/MAX Team
Listed By: Victor Weinberger · License #40WE0641759
Source: Exitrealty
Added: Dec 10, 2024 Changed: Aug 30 Last Checked: Aug 30 at 3:20PM

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 RE/MAX Team

Investment Insights

Based on property information with market context.

This two-story mixed-use building, constructed in 1931, includes a 500 SF storefront on the first level. A three-bedroom apartment is located behind the retail space and includes use of the backyard. The second floor contains a two-bedroom apartment and a one-bedroom apartment with a balcony.

Building systems include updated electric service, an updated boiler, and an updated water tank. The property is positioned 200 feet west of the Cross Bay Blvd/Liberty Ave subway station in Ozone Park. The offering reflects an 8 cap return when evaluated with the stated property income and operating expenses.

Key Highlights

  • Mixed‑use layout with a 500 SF first‑floor storefront
  • Three‑bedroom apartment behind the store includes use of the backyard
  • Second floor includes 2‑bedroom and 1‑bedroom apartments

Property Analytics

Current Use

Ruben's Barber Shop Barber Shop Kingston Convenience Smoke ... Grocery & Convenience Store

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,672
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story building combines a storefront with three apartments and updated electrical and mechanical systems.
Where is this mixed-use property located?
The property is located at 92-18 Liberty Avenue Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Mixed‑use layout with a 500 SF first‑floor storefront; Three‑bedroom apartment behind the store includes use of the backyard; Second floor includes 2‑bedroom and 1‑bedroom apartments
More about this property
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