10504 Liberty AVE Active Save Request In-Person Tour Request Virtual Tour
Ozone Park,NY 11417
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY827865
Full Baths 4
Year Built 1929
Annual Tax Amount $15,565
Lot Size 1,572 Sqft
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!
Location
State NY
County Queens
Interior
Heating Natural Gas,Other
Cooling None
Exterior
Utilities Available Natural Gas Available,Water Available
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None