$1,050,000
Active
1 days on market
131-07 Liberty Ave
📍 Richmond Hill, Richmond Hill, NY 11419
—
Studio
1925
Year built
Land
Type
About this property
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
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Amenities & features
Key facts
Brand-new roof
Spacious apartment
Built 1925
Property details
Property typeLand
Listing statusActive
Year built1925
Days on market1 days
MLS #1050040
Estimated monthly payment
Listing price$1,050,000
Down payment (20%)$210,000
Loan amount$840,000
Principal & interest (7%, 30yr)$5,588/mo
Property tax (est.)$1,021/mo
Home insurance (est.)$437/mo
Estimated total$7,046/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.