$ 1,050,000
-
$1,050,000
Price
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About the Listing WIN02 - 184036
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 $7,321/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, strong cash flow, and prime commercial visibility. An outstanding investment opportunity!
Listing Highlights for 131-07 Liberty Ave
Interior Details
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $7,321
- Taxes w/Assessments: N/A
- Tax/Property ID: 09568-0046
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
131-07 Liberty Ave Richmond Hill, NY 11419
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