Multi Family
131-07 Liberty Avenue
Active · Queens, NY 11419
- Year built
- 1925
- Est. monthly taxes
- $610.08
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About this home
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 snapshot
- Days on site
- 45 days
- Listed on MLS
- Sep 11, 2026
- Annual property tax (MLS)
- $7,321
- Tax year
- 2027
- Listing brokerage
- Winzone Realty Inc
- MLS ID
- KEY1049990
- Last updated
- Sep 12, 2026
General features
- Property type
- Multi Family
- Year built
- 1925
- Parking
- On Street
- Water source
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Interior features
- Basement
- Full
- Heating
- Natural Gas
- Cooling
- Wall/Window Unit(s)
Exterior features
- Construction materials
- Brick
Schools (MLS)
- Elementary school
- Ps 55 Maure
- Elementary school district
- Queens 28
- Middle school
- Redwood Middle School
- Middle school district
- Queens 28
- High school
- Hillcrest High School
- High school district
- Queens 28
School information is provided by the MLS. Confirm attendance eligibility with the school district.
Recent activity
- First seen on this site
- Listing updated from MLS
- MLS status changed
Location
Listing data is supplied by the MLS and may change without notice.