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.