Richmond Hill South, NY 11419,112-02 Liberty Ave.
$1,400,000
$1,499,000
6.6%
Est.Price: ?

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1,742 Sqft Lot

112-02 Liberty Ave. Richmond Hill South, NY 11419

Est. payment /mo
SOLD DATE : 05/25/2023

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Chaim Reich - Erealty Advisors

Chaim Reich - Erealty Advisors

+1(718) 781-3616

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,400,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 3426877

Sold Date 05/25/23

Originating Board onekey

Rental Info No

Lot Size 1,742 Sqft

Acres 0.04

Property Description

Owners are motivated and anxious to sell. Will listen to all offers. Mixed-use building in South Richmond Hill section of S. Ozone Park, Queens (corner of Liberty Ave / 112th St) Retail ground Storefront faces Liberty Ave, on a high traffic corner just steps away from the A train, with plenty of foot traffic for a business to thrive. Has potential to designate a second store. 2nd Floor has 2 apartments w/ 2 bedrooms each. Commercial space has a 3yr lease remaining & ground floor tenant pays 1/2 property taxes. Both 2nd floor apts do not have leases, and rent way below market value at $1,400/mo & $1,200/mo. Tenants pay their own electric. Full semi-finished Basement is used for storage & has newly built boiler & mechanical room. New electrical upgrades & meters. Projected rents: $2,000 per apartment monthly; Commercial space: $4,000 monthly; if a 2nd store is designated then can get $2,500 monthly. A projected monthly income of $126,000/Year.

Location

State NY

County Queens

Interior

Fireplace N

Building

Story 3

Others

Special Listing Condition None

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Listed by Eliot Hill Realty Inc • 718-672-4444
Bought with Century 21 Monticello Realty

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Chaim Reich - Erealty Advisors

Salesperson | License ID: 10401360540

+1(718) 781-3616

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