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Single Family House for Sale in Richmond Hill, New York, Queens, NY 11419 | Web ID: 1050040 | $1,050,000

131-07 Liberty Avenue , Richmond Hill , NY 11419

 
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Property Description

Prime Richmond Hill Commercial Corridor! High-yield, Turnkey Mixed-use Building Featuring An Expansive 16’ X 72’ Footprint On A High-traffic Retail Thoroughfare. Major Capital Upgrades Include A Brand-new Roof And A Brand-new Heating System, Keeping Capex To A Minimum. The Ground-floor Restaurant Features Favorable Lease Terms: Tenant Pays 35% Of Property Taxes And 75% Of Water, With Built-in 3% Annual Escalations. The Second Floor Offers A Spacious 3-bedroom, 1-bath Apartment With Separately Metered Cooking Gas And Electric Paid By The Tenant. Exceptionally Low Property Taxes Of Just $7, 315/year. Both Units Are Month-to-month With No Active Leases, Offering Ultimate Flexibility For An Owner-user Or An Investor Looking To Immediately Optimize Rents To Current Market Rates. Low Overhead, Strong Cash Flow, And Prime Commercial Visibility. An Outstanding Investment Opportunity!

Property Information

Location/Town New York
Area/County Queens
Post Office/Postal City Richmond Hill
Prop. Type Single Family House for Sale
Tax $7,321.00
Year Built 1925
Basement Full
Construction Brick
Total Units 2
Cooling Wall/Window Unit(s)
Heat Source Natural Gas
Util Incl Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Days On Market 1
Parking Features On Street
Units 2
School District Queens 28
Middle School Redwood Middle School
Elementary School Ps 55 Maure
High School Hillcrest High School
Features High ceilings
Listing information courtesy of: Winzone Realty Inc

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Fax: 718-896-7020

 

 

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  • 103-13 Queens Blvd., Forest Hills, NY 11375
  • Email: info@realtydepotny.com
  • Phone: 718-896-0777
  • Fax: 718-896-7020

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