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 $7,321/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!

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 21, 2026 11:21 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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More Info

Basic Information

Attribution Contact 347-267-1323
List Price$1,050,000
OneKey® MLS1049990
Mls Status Active

Location

Address131-07 Liberty Avenue
Building Number131-07
CountyQueens
StateNY
StreetLiberty Avenue
TownRichmond Hill
Zip11419

Amenities

BasementFull
Other AmenitiesBasement

Water Body

Water AccessPublic

Tax Information

Taxes$7,321

Parking

Parking Features On Street
Parking Spaces

Basic Information

Property SubTypeMulti Family
Property TypeCommercial Sale
StatusActive

Utilities

Cooling Wall/Window Unit(s)
Heating FuelNatural Gas
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Waste Water DisposalPublic Sewer

Legal

Parcel Number 09568-0046

School Information

Elementary SchoolPs 55 Maure
High SchoolHillcrest High School
High School DistrictQueens 28
Junior HighRedwood Middle School

Building

Basement YN Yes
Building ConstructionBrick
Units2
Year Built1925

Property Information

Number Of Separate Electric Meters 3
Number Of Separate Gas Meters 2
Property Attached YN Yes

Other

Date Listed09/11/2026

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Amo Realty - NYC