Liberty Avenue
Ozone Park, Queens, NY
$1,250,000 Price
- Bedrooms  

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...

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!

Listing courtesy of Jamie Realty Group

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Ozone Park, Queens, NY
Type:
Price: $1,250,000
Web ID: 827865

Info & Amenities

Bathrooms: 4.0
Built: 1929

Map of Area for Liberty Avenue