$1,158,000 ($516.96 per sqft)

Est. Mortgage $6,009/mo *

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131-07 Liberty Avenue, Richmond Hill S., NY, 11419

131-07 Liberty Avenue, Richmond Hill S., NY, 11419

5 rooms

3 beds

1 Full / 1 Half baths

1925

Store+Dwell

2,240 sqft

Fantastic investment opportunity in very desired area of Richmond Hill. Mix used property very successful restaurant. Heavy daytime foot traffic, stable cash flow with upside rent growth potential. Commercial space has a 2 years lease remaining and ground floor tenant pays 35% property tax and 75% water bill. Rent per month $3029 (also 3% increase every year). 2nd floor 3 bedroom (vacant). Excellent transportation and commuting options available. Tenants pay their own utilities. More than 6% cap.


Status:

Active

Type:

Multi-family

Units:

2

Zoning:

R6B, C2-3

Garage:

Private, None

Heating:

Natural Gas, Hot Water

Cooling:

None

Basement:

Finished, Full

Acreage:

0.03

Est. Taxes:

$6,938

Construction

Brick

Lot Description:

Near Public Transit

Middle School:

Catherine & Count Basie Ms 72

High School:

Hillcrest High School

School District:

Community District 28

MLS #:

3547943


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of New Group Realty Inc 718-255-9100