12123 Liberty Ave - Storefront Retail/Residential FOR SALE


South Richmond Hill, NY 11419
$3,850,000 USD
646-805-1439
12123 Liberty Ave, South Richmond Hill, NY for Sale
$3,850,000 USD
Storefront Retail/Residential - FOR SALE
1/1
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12123 Liberty Ave
South Richmond Hill, NY 11419


HIGHLIGHTS

  • Approximately 37 feet of frontage along Liberty Avenue's active commercial corridor.
  • Mixed-use configuration offers retail, residential, and future repositioning flexibility.
  • Located three blocks from the Lefferts Boulevard A Train station for convenient access.
  • Surrounded by established national retailers including TD Bank, Dunkin', McDonald's, Chase, and Citibank.

OVERVIEW

This offering consists of two buildings. The first is a mixed-use building on Liberty Avenue with 3,300 SF of retail, a full basement, and two vacant apartments on the second floor. The second building sits around the corner on 123rd Avenue and consists of a two-family house with one apartment recently gut-renovated and the other currently rented. The property also includes two garages, and the tax lot connects to the property on Liberty Avenue. The entire building is currently occupied but will be delivered vacant upon sale. It offers 37 feet of frontage on prime Liberty Avenue, featuring one of the larger retail spaces available on the street. It sits just three blocks from the Lefferts Boulevard "A" Train subway station. The surrounding retail corridor includes major national tenants such as TD Bank, Popeyes, Dunkin' Donuts, T-Mobile, McDonald's, Checkers, Taco Bell, Burger King, Chase Bank, and Citibank. This is a great opportunity to acquire a value-add/user property on one of the busiest and most heavily trafficked retail corridors in Richmond Hill, Queens.

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$895 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

121-23 Liberty Avenue & 103-40 123rd Street

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,338 SF

ZONING

R6A

APN/PARCEL ID

09559-0031

ASK ABOUT THIS PROPERTY

William StephanMarcus & MillichapMore Info
646-805-1439

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William StephanMarcus & MillichapMore Info
646-805-1439

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.