131-07 LIBERTY AVE
RICHMOND HILL SOUTH, NY 11419

$1,158,000

3 Beds

2 Baths

2,240 Sq Ft

Status Active

MLS# 3547943

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.

Details for 131-07 LIBERTY AVE

Built in 1925

$517 / Sq Ft

0 parking spaces

None

Natural Gas, Hot Water

20 Days on website

0.03 acres lot

Interior

Bathrooms Full

Bathrooms Half

Bathrooms Total

Bedrooms Total

Living Area

2,240 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1925

Exterior And Lot

Lot Size Acres

0.03

Lot Size Square Feet

1212

Lot Size Units

Acres

Parking Features

Private, None

Utilities

Cooling

None

Heating

Natural Gas, Hot Water

Area And Schools

City

Richmond Hill South

County Or Parish

Queens

High School

Hillcrest High School

Middle Or Junior School

Catherine & Count Basie Ms 72

School District

Queens 28

Financial Info

Buyer Agency Compensation^*

1.25%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

List Price Low

$1,158,000.00

Tax Annual Amount

$6,938.00

Additional Info

Status Detail