
131-09 Liberty Ave
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131-09 Liberty Ave
2,892 SF 2% Leased Retail Building South Richmond Hill, NY 11419 £970,308 (£335.51/SF) 6.04% Net Initial Yield



INVESTMENT HIGHLIGHTS
- Separate heat, electric and gas for each unit.
- Great potential at a great location on busy Liberty Ave with stores, restaurants, Q-112/9/8/41 bus stops, A train station, Van Wyck Expressway.
EXECUTIVE SUMMARY
Richmond Hill two-story mixed use building with store on ground floor and a newly renovated 3-bed 2-bath apartment on second floor. Separate heat, electric and gas for each unit. Great potential at a great location on busy Liberty Ave with stores, restaurants, Q-112/9/8/41 bus stops, A train station, Van Wyck Expressway. Just minutes from Flushing, entertainment complex and JFK Airport.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,892 SF
Building Class
C
Year Built
1925
Price
£970,308
Price Per SF
£335.51
Net Initial Yield
6.04%
NOI
£58,620
Percent Leased
2%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.33
Lot Size
0.05 AC
Zoning
R3-2 - Mixed use zoning district.
Frontage
26 ft on Liberty Ave
AMENITIES
- Bus Route
Walk Score®
Walker's Paradise (91)
Transit Score®
Rider's Paradise (95)
NEARBY MAJOR RETAILERS










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131-09 Liberty Ave
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