96-16 Liberty Ave
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96-16 Liberty Ave
8,530 SF 100% Leased Retail Building Ozone Park, NY 11417 £1,961,024 (£230/SF)
Investment Highlights
- C/O Calls for Eating & Drinking Establishment with Entertainment
- Commercial Unit has Full Basement
- Apartments have Separate Entrances
- 1 Commercial Unit with Alarm System, Sprinkler System, Forced Hot Air HVAC System and Curb-Cut Driveway Access
- 4 FREE MARKET Apartments
- Block Through Property with Approximately 50' Frontage on Rockaway Blvd and 70' Frontage on Liberty Ave
Executive Summary
ERG Commercial Real Estate is pleased to present the subject property located on the main corridor of Rockaway Boulevard and Liberty Avenue in Ozone Park, NY The block through lot has approximately 70 frontage on Liberty Avenue and 50 of frontage on Rockaway Boulevard This 8 530 sf building consists of 1 vacant commercial unit totaling 4,030 sf with a full basement and 4 free market apartments All residential apartments, located on the upper floors, contain 3 bedrooms and are currently occupied.
Data Room Click Here to Access
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Tenants option to buy property
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,530 SF
Building Class
C
Year Built
1931
Price
£1,961,024
Price Per SF
£230
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
1.39
Land Acres
0.14 AC
Zoning
R4B, C2-3 - R4- districts allow all types of housing at a slightly higher density than permitted in AND C2 - Commercial district predominantly residential in
Amenities
- Bus Route
- Public Transport
- Restaurant
- Signage
- Storage Space
- Air Conditioning
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (83)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 09169-0010 | Total Assessment | £288,140 (2024) |
| Land Assessment | £112,406 (2024) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £175,734 (2024) | Tax Year | 2023 Payable 2023 |
PROPERTY TAXES
Parcel Number
09169-0010
Land Assessment
£112,406 (2024)
Improvements Assessment
£175,734 (2024)
Total Assessment
£288,140 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023 Payable 2023
-
Mary Guarino -
ERG Commercial Real Estate
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96-16 Liberty Ave
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