8
See all 8 photos
$1,290,000
Est. payment /mo
4 BA
1,572 Sqft Lot
New
10504 Liberty AVE Ozone Park, NY 11417
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UPDATED:
02/25/2025 07:07 AM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY827865
Full Baths 4
Originating Board onekey2
Rental Info No
Year Built 1929
Annual Tax Amount $15,565
Lot Size 1,572 Sqft
Acres 0.0361
Lot Dimensions 20.58x76.33
Property Sub-Type Duplex
Property Description
Prime Investment Opportunity in the Heart of Ozone Park!
This solid brick property in a prime location offers dual income potential with both commercial and residential units.
• Commercial Space: The storefront (including basement) is currently leased to a well-established restaurant that has been operating for over 10 years. The lease is secured until 2028, with a 5-year renewal option, and covers 50% of the property tax, ensuring stable and reliable income.
• Residential Unit: The spacious second-floor apartment features 4 bedrooms and 4 full bathrooms, equipped with a new water boiler and heating system installed 3 years ago.
• Investment Return: Offers a 5.3% cap rate.
• Prime Location: Just minutes' walk to the A-line subway, with supermarkets, restaurants, and transportation options conveniently nearby.
Don't miss this rare investment opportunity!
This solid brick property in a prime location offers dual income potential with both commercial and residential units.
• Commercial Space: The storefront (including basement) is currently leased to a well-established restaurant that has been operating for over 10 years. The lease is secured until 2028, with a 5-year renewal option, and covers 50% of the property tax, ensuring stable and reliable income.
• Residential Unit: The spacious second-floor apartment features 4 bedrooms and 4 full bathrooms, equipped with a new water boiler and heating system installed 3 years ago.
• Investment Return: Offers a 5.3% cap rate.
• Prime Location: Just minutes' walk to the A-line subway, with supermarkets, restaurants, and transportation options conveniently nearby.
Don't miss this rare investment opportunity!
Location
Province NY
County Queens
Rooms
Basement Finished, Full
Interior
Interior Features Other
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Utilities Available Natural Gas Available, Water Available
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition None
Listed by Jamie Realty Group