Buy with Yoreevo
$1,028,999
List Price: $1,049,999
Share Listing
Save Listing
87-16 Liberty Avenue
House in Ozone Park •  building info
6bd • 2ba • 1,667ft² $630 per ft²
Buy with Yoreevo

$1,028,999

List Price

$1,049,999

Key Details
Days on market
131
Last price change
loading...
Estimated payment
$6,494
Taxes
$521
Monthly maintenance
N/A
Description
If you're in the market for a versatile investment property in a thriving neighborhood, look no further than 87-16 Liberty Ave, Ozone Park, NY 11417. Listed at $1,050,000, this B9-classified property offers a unique blend of residential and commercial potential that promises robust returns. Situated on bustling Liberty Avenue and within six blocks of Cross Bay and Rockaway Blvd, this mixed-use property boasts an ideal location. The first floor features a commercial space perfect for a retail store or office, while the second floor offers a residential dwelling. This dual-purpose setup is not just convenient but also maximizes revenue streams by catering to both commercial and residential tenants. Accessibility is one of the standout features of this property. With quick and easy access to trains, buses, restaurants, grocery stores, and other conveniences, it's an attractive option for potential tenants. Proximity to the Q112, Q41, and Q8 buses as well as the "A" train line ensures seamless commuting options. Additionally, being close to parks and JFK Airport further enhances its appeal. For investors looking for flexibility in financing, owner financing is available with a substantial down payment. This can ease the financial burden and make it easier to acquire this promising property. The mixed-use classification allows for a variety of business opportunities on the ground floor while maintaining steady rental income from the residential unit above. Whether you're an investor seeking rental income or an entrepreneur looking to run your own business while living upstairs, this property offers unparalleled potential. In summary, 87-16 Liberty Ave is more than just a piece of real estate; it's an investment in a vibrant community with endless possibilities. Its strategic location combined with its mixed-use capabilities makes it a prime candidate for anyone looking to diversify their investment portfolio. Don't miss out on this exceptional opportunity!

Read Less

Building Amenities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,049,000
Asking Price: $1,049,999
Term
30 Years
Down Payment
$104,000 (10%)
Min: 10% (104,000)
Rate
6.5 %
Mortgage Amount
$944,999
Mortgage Payment
$5,973
Taxes
$521
Estimated Yoreevo rebate
$21,000
Estimated closing cost
$39,000
Total monthly cost $6,494
Buy your dream home with us and get an estimated $21,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of GMA Enterprise

Information ©2025, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.