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112-02 Liberty Ave.

Richmond Hill S., NY 11419
  • $1,499,000
  • STATUS: Active
  • ON SITE: 87 Days
  • MLS #: 3426877
UPDATED: 68 min ago
$1,499,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
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Area:

School Ratings & Info

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.

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© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Mark Seiden Real Estate Team. Data last updated: 2022-11-26T07:16:45.037.
www.lowerhudsonvalleyproperties.com/homes/132591684
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112-02 Liberty Ave. Richmond Hill S., NY 11419

  • Price: $1,499,000
  • Status: Active
  • On Site: 87 Days
  • Updated: 68 min ago
  • MLS #: 3426877
0
Beds
0
Baths
0
½ Baths
0.04
Acres
Neighborhood:
Queens
County:
Queens
Area:
Queens
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.
Exterior Features

Business Parking Spaces 1

Property Features

Business Name Bennos Jewlery & Fashion Business Type OtherMixed Cross Street 112th Street Net Operating Income 70200.00 Property Sub Type Mixed Use

Listing courtesy of Anthony Reardon of Eliot Hill Realty Inc: 718-672-4444
© 2022 OneKey MLS. All rights reserved.


© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Mark Seiden Real Estate Team. Data last updated: 2022-11-26T07:16:45.037.
 
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