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131-07 Liberty Avenue

Richmond Hill, NY 11419
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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, st rong cash flow, and prime commercial visibility. An outstanding investment opportunity!

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,050,000

AD Id : 91211407

MLS Id : 1050040

Tax Amount : 7321.00

Year Built : 1925

County : Queens

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Feature Features

  • Room Information

    Basement: Full
  • Interior Features

    High Ceilings
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1925 Construction Materials: Brick Private Pool: No

  • Listing Price Information

    Listing Price: $1050000

  • Tax Information

    Parcel Number: 09568-0046 Annual Tax: $7321

  • Parking Information

    On Street

  • School Information

    Elementary School: Ps 55 Maure
    Junior High School: Redwood Middle School
    Senior High School: Hillcrest High School
  • Utility Information

    Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
103-18 130th Street, Richmond Hill, NY, 11419 $899,000 4 2 -- --
104-16 103 Street, Richmond Hill, NY, 11419 $850,000 7 -- -- --
130-16 97th Avenue, Richmond Hill, NY, 11419 $1,160,000 4 -- -- --
12720 95th Avenue, Richmond Hill, NY, 11419 $995,999 4 3 -- 0.04 Acre
10715 Lefferts Boulevard, Richmond Hill, NY, 11419 $899,000 5 2 -- 0.09 Acre
9718 125th Street, Richmond Hill, NY, 11419 $1,800,000 9 5 -- 0.07 Acre
12408 94th Avenue, Richmond Hill, NY, 11419 $1,249,000 6 5 -- 0.04 Acre
97-19 120th Street, Richmond Hill, NY, 11419 $1,399,000 10 5 -- --
10106 116th Street, Richmond Hill, NY, 11419 $999,999 6 3 -- 0.05 Acre
11613 95th Avenue, Richmond Hill, NY, 11419 $929,000 6 -- -- 0.04 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 09/14/2026 @ 07:01

MLS: 1050040 LISTED BY: Ping Cheng, Winzone Realty Inc 718-899-7000 SOURCE: OneKey MLS

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