Roxroy Marcus Acquires Mixed-Use Property In Ozone Park For $1.3M

A mixed-use property located at 104-01 Liberty Avenue in Ozone Park has been sold for $1,300,000. The property spans across 5,400 square feet, resulting in a price per square foot of $241. The transaction took place on 02/28/2023.

Summary of transaction details

• Property Type: Mixed-Use
• Transaction Amount: $1,300,000
• Address: 104-01 Liberty Avenue
• Market: Ozone Park

Roxroy Marcus served as the buyer, while Robert Michel was the seller. The transaction was facilitated by the brokers Daniel O'Brien, Jeremy Previte, William Diana, Nick Kolbus, and Dylan Walsh from Cushman & Wakefield (DylWalCRE).

According to the brokers, this property sold at an amount exceeding the asking price. It garnered multiple offers and went under contract within a month of being marketed. Several backup buyers were also waiting for contracts.