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!
For sale
Price cut: $52K (5/14)
$1,198,000
10504 Liberty Avenue, Ozone Park, NY 11417
--beds
3,040sqft
Duplex, Multi Family
Built in 1929
-- sqft lot
$-- Zestimate®
$394/sqft
$-- HOA
What's special
Solid brick propertyHeating systemNew water boilerSpacious second-floor apartment
- 149 days
- on Zillow |
- 98 |
- 4 |
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