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135-20 Liberty Ave

3,225 SF 100% Leased Office Building South Richmond Hill, NY 11419 £1,341,300 (£416/SF) 5.07% Net Initial Yield

Executive Summary

Commercial Property For Sale Located In South Richmond Hill. Corner Building On Busy Liberty ave And Van Wyck. First Floor has 3 Units, Wireless Franchise On The Ground Floor. Law Office On The Second Floor And Cell Tower On The Roof. Current Cell Tower Value Is $632,219. Buyer Can Cash-Out This $632,219. Immediately. 2 Indoor Garage. Convenient To All Shopping. Near Public Transportation And Close To Major Highway. Bus #Q112, #Q09 Is At The Front Building .Excellent Location And Great Investment.
Tax $48,000. Net Operating Income $148,092. Operating Expense $63,000. Cap 5%

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
3,225 SF
Building Class
C
Year Built/Renovated
1931/2000
Price
£1,341,300
Price Per SF
£416
Net Initial Yield
5.07%
NOI
£68,051
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
1,613 SF
Building FAR
0.14
Land Acres
0.51 AC
Zoning
R6 - Residential Zoning Distrct

Amenities

  • Storage Space
  • Basement
  • Central Heating
  • High Ceilings
  • Wooden Floors
  • Air Conditioning
  • Balcony
  • Smoke Detector
Walk Score ®
Very Walkable (89)
Transit Score ®
Rider's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09589-0001
Land Assessment
£120,007
Improvements Assessment
£245,837
Total Assessment
£365,844
  • Listing ID: 32612464

  • Date on Market: 28/07/2024

  • Last Updated:

  • Address: 135-20 Liberty Ave, South Richmond Hill, NY 11419

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