129-07 Liberty Ave - Storefront Retail/Residential FOR SALE


South Richmond Hill, NY 11419
$2,568,000 USD
646-416-1174
129-07 Liberty Ave, South Richmond Hill, NY for Sale
$2,568,000 USD
Storefront Retail/Residential - FOR SALE
1/19
null | Request Cap Rate

129-07 Liberty Ave
South Richmond Hill, NY 11419


OVERVIEW

1 of 3 building: 129-07 Liberty Ave is a Mixuse property. 129-07 Liberty Avenue, Richmond Hill, NY 11418 Block9566|Lot56 For sale is a mixuse building with “Two Family with One Store”. Total 3 units. Situated on the primary retail corridor, Liberty Ave. 15 minute walk to MTA subway. Delivered occupied, all month-to-month tenants. Second floor 2 bed & 1bath apartment with separate entrance. Large unit which can be converted to a 3 bedroom. First floor commercial/basement and rear 1 bedroom and 1 bathroom apt, separate entrance at rear of the building. Shared egress driveway. 4 electric meters, 3 gas, 1 water meter, 1 boiler. Retail has HVAC. Lot: 20’ x 105’; 2,080 SF. Building size 1,920 SF. Year built 1924. 1 buildings, 2 stories, Zoning R6B/C2-3. Tax: $7,712. As-is price: $899,000. Hard contract, closing to occur in April 2027. Total As Is Price: $2,568,000 (3 building, As Is). See memorandum. The property is ideal for an investor looking to capitalize on a thriving area and current below market rents! Exceptional asset with strong growth potential.

FOR SALE DETAILS

PRICE

$2,568,000 USD

PRICE/SF

$2,675 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3 Building Portfolio: two MIXUSE and 2-Family

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R6B/C2-3

APN/PARCEL ID

09566-0056

ASK ABOUT THIS PROPERTY

Hena ChoungSolo Real Estate Corp (SREC)More Info
646-416-1174

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Hena ChoungSolo Real Estate Corp (SREC)More Info
646-416-1174

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