92-18 Liberty Ave
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92-18 Liberty Ave
2,600 SF 75% Leased Retail Building Ozone Park, NY 11417 $1,650,499 CAD ($635 CAD/SF) 8.26% Cap Rate
Investment Highlights
- 200 feet to subway
- High Income
- Near All conveniences
- Owner/User Opportunity
Executive Summary
92-18 Liberty Ave Ozone Park, NY Mixed Use 3 Family with store.
Situated 2 blocks west from the Cross Bay Blvd subway station.
Description: A renovated Mixed used 3 Family building at 92-18 Liberty Ave Ave, Ozone Park, NY, 11417. Situated only 200 feet to the Cross Bay Blvd-Rockaway Blvd-Liberty Ave subway line.
Building has a new Boiler and water tank. Updated Electric. Updated Kitchens and bathrooms.
Building is situated near all conveniences.
----Layout:
**Basement: 1,300 SF
**1st floor front: 480 SF store
**1st Floor front: A renovated 3 Bedroom apartment with access to backyard (Vacant)
**2nd Floor Front: a 2 Bedroom apartment
**2nd Floor Rear: a 1 Bedroom apartment with a balcony
Lots size: 20 x 104
Building: 20 x 68
Building Sq.Ft: 2,600 SF
Zoning: R6B, C2-3 (Available air rights 1,560 Sq.Ft)This building is ideal for an Owner/User or investors.
Makes a great investment.
Price: $1,175,000 (8.28 Cap)
* Victor Weinberger
* 917-806-7040 (cell)
* 917-591-8000 (eFax)
* 718-429-4400 (office)
* E-mail: VWremax@gmail.com
* Web: http:/www.VictorWeinberger.com
* 140,000+ agents / 8,000+ offices / 110+ countries
Situated 2 blocks west from the Cross Bay Blvd subway station.
Description: A renovated Mixed used 3 Family building at 92-18 Liberty Ave Ave, Ozone Park, NY, 11417. Situated only 200 feet to the Cross Bay Blvd-Rockaway Blvd-Liberty Ave subway line.
Building has a new Boiler and water tank. Updated Electric. Updated Kitchens and bathrooms.
Building is situated near all conveniences.
----Layout:
**Basement: 1,300 SF
**1st floor front: 480 SF store
**1st Floor front: A renovated 3 Bedroom apartment with access to backyard (Vacant)
**2nd Floor Front: a 2 Bedroom apartment
**2nd Floor Rear: a 1 Bedroom apartment with a balcony
Lots size: 20 x 104
Building: 20 x 68
Building Sq.Ft: 2,600 SF
Zoning: R6B, C2-3 (Available air rights 1,560 Sq.Ft)This building is ideal for an Owner/User or investors.
Makes a great investment.
Price: $1,175,000 (8.28 Cap)
* Victor Weinberger
* 917-806-7040 (cell)
* 917-591-8000 (eFax)
* 718-429-4400 (office)
* E-mail: VWremax@gmail.com
* Web: http:/www.VictorWeinberger.com
* 140,000+ agents / 8,000+ offices / 110+ countries
Financial Summary (Pro forma - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$167,157
|
$64.29
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$167,157
|
$64.29
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$30,903
|
$11.89
|
| Net Operating Income |
$136,254
|
$52.41
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $167,157 |
| Annual Per SF | $64.29 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $167,157 |
| Annual Per SF | $64.29 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $30,903 |
| Annual Per SF | $11.89 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $136,254 |
| Annual Per SF | $52.41 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,600 SF
Year Built/Renovated
1931/2023
Price
$1,650,499 CAD
Price Per SF
$635 CAD
Cap Rate
8.26%
NOI
$136,254 CAD
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.19
Land Acres
0.05 AC
Zoning
R6B
Frontage
20 ft on Liberty Ave
Amenities
- 24 Hour Access
Walk Score ®
Walker's Paradise (94)
Transit Score ®
Excellent Transit (84)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 09161-0009 | Improvements Assessment | $40,369 CAD |
| Land Assessment | $11,445 CAD | Total Assessment | $51,814 CAD |
PROPERTY TAXES
Parcel Number
09161-0009
Land Assessment
$11,445 CAD
Improvements Assessment
$40,369 CAD
Total Assessment
$51,814 CAD
-
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