4 Income property. 1st Floor has a 480 SF store. Plus we have 3 residential units. Situated 2 blocks west of Cross Bay Blvd subway station. Projected Gross Income Nearly $116,400 (when fully occupied at market rents). Expenses: $22,277 (Low Taxes). 1st floor Store 500 (Sq.Ft) Behind the store: A 3 BR apartment (Vacant. with use of backyard). Second floor: A 2 Bedroom apartment and a 1 BR apartment with Balcony. Perfect User/Owner opportunity., Additional information: Separate Hotwater Heater:Yes
Listed by Victor Weinberger
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RE/MAX Team
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718-429-4400
Last updated July 28, 2025
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Source: OneKey #L3581115
Listing Facts
TypeMulti-family
NeighborhoodOzone Park
Bedrooms7
Bathrooms4
Days on Prevu350
Taxes$7,427/year
Location
Mortgage Calculator
Listing History
07/28/2025
Price Decreased
$1,075,000
03/19/2025
Price Decreased
$1,088,888
09/25/2024
Listed by RE/MAX Team
$1,175,000
Estimated Closing Costs
Total
$41,643
Attorney Fees
$4,000
NYC Mansion Tax
$10,750
Title Insurance
$4,838
Bank Attorney
$1,500
Mortgage Recording Tax
$16,555
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,075,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 92-18 Liberty Avenue
Exterior
Construction
Number Of Units Total: 3
Property Condition: Actual
Year Built: 1931
Architectural Style: Other
Construction Materials: Block, Brick
Features
View: Open
Measurements
Building Area Total: 3,600
Building Area Units: Square Feet
Lot Features: Near Public Transit, Near School, Near Shops, Level
Lot Size Dimensions: 20,104
Lot Size Square Feet: 2,080
Financial
Residential Income
Cap Rate: 8.0
Taxes
Parcel Number: 09161-0009
Tax Annual Amount: $7,427.00
Interior
Features
Flooring: Hardwood
Rooms
Basement: See Remarks, Full, Unfinished
Bathrooms Full: 3
Bathrooms Half: 1
Bathrooms Total Integer: 4
Bedrooms Total: 7
Rooms Total: 14
Other
Location
Tax Block: 9161
Tax Lot: 9
Schools
Elementary School
Elementary School: Ps 63 Old South
Elementary School District: Queens 27
High School
High School: John Adams High School
High School District: Queens 27
Middle or Junior School
Middle Or Junior School: Jhs 210 Elizabeth Blackwell
Middle Or Junior School District: Queens 27
Utilities
Equipment
Heating: Natural Gas, Baseboard, Hot Water
Sewer: Public Sewer
Utilities: Trash Collection Public
Water Source: Public
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