87-16 Liberty Ave Queens, NY 11417
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 87-16 Liberty Ave
- Property type
- Specialty properties
- Property subtype
- Mixed-use properties
Description
This exceptional mixed-use property, located at 87-16 Liberty Ave in Ozone Park, Queens, NY 11417, presents a unique investment opportunity. Listed at $1,049,999, this two-story building (B9 classification) offers a blend of commercial and residential space, maximizing revenue streams. The ground floor features a commercial space ideal for retail or office use, while the second floor provides a residential dwelling. This strategic location on bustling Liberty Avenue, within six blocks of Cross Bay and Rockaway Boulevard, ensures high visibility and accessibility. The property benefits from excellent public transportation access, with proximity to the Q112, Q41, and Q8 buses, as well as the "A" train line. Nearby amenities include restaurants, grocery stores, and parks, enhancing its appeal to potential tenants. Owner financing is available with a substantial down payment, offering flexibility for investors. This property's mixed-use zoning allows for diverse business ventures on the ground floor, complemented by consistent rental income from the upper residential unit. Its strategic location and dual-income potential make it an attractive investment for those seeking diversification and strong returns. Proximity to JFK Airport further adds to its desirability. This is more than just real estate; it's an investment in a vibrant community with significant potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.8508
- Latitude
- 40.6799
