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131-07 Liberty AvenueRichmond Hill, NY 11419

For Sale

$1,050,000

Smart Buyer Rebate $13,125

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 $7,315/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!

Listed by Ping Sang Cheng

·

Winzone Realty Inc

·

347-267-1323

Last updated September 13, 2026

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Source: OneKey #1050040

Listing Facts

  • TypeMulti-family
  • NeighborhoodRichmond Hill
  • Days on Prevu3
  • Taxes$7,321/year

Location

Mortgage Calculator

Listing History

09/12/2026
Listed by Winzone Realty Inc
$1,050,000
  1. 09/12/2026$1,050,000
    Listed by Winzone Realty Inc

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$10,500
Title Insurance
$4,725
Bank Attorney
$1,500
Mortgage Recording Tax
$16,170
Other Closing Costs
$4,000
Total
$40,895

Estimated closing costs are based on the list price of $1,050,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 131-07 Liberty Avenue

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Year Built: 1925
  • Construction Materials: Brick

Measurements

  • Building Area Units: Square Feet

Financial

Taxes

  • Parcel Number: 09568-0046
  • Tax Annual Amount: $7,321.00
  • Tax Year: 2026

Interior

Features

  • Interior Features: High Ceilings

Rooms

  • Basement: Full
  • Has Basement: Yes

Parking

Parking

  • Parking Features: On Street

Schools

Elementary School

  • Elementary School: Ps 55 Maure
  • Elementary School District: Queens 28

High School

  • High School: Hillcrest High School
  • High School District: Queens 28

Middle or Junior School

  • Middle Or Junior School: Redwood Middle School
  • Middle Or Junior School District: Queens 28

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 131-07 Liberty Avenue.

What schools are nearby to 131-07 Liberty Avenue?

Nearby schools include the Ps 55 Maure Elementary School, Redwood Middle School, and Hillcrest High School.

What are the annual taxes for 131-07 Liberty Avenue?

Annual taxes for this multi-family home are estimated at $7,321.

How does 131-07 Liberty Avenue compare to other multi-family homes in Richmond Hill?

This multi-family home is listed 20% below the average price for multi-family homes in Richmond Hill and has been on the market for 109 less days than the typical home in this area.

131-07 Liberty Avenue is a -bedroom multi-family home for sale in Richmond Hill NY 11419. Listed on Prevu for 3 days at $1,050,000. This home is located in Richmond Hill. The median listing price for multi-family homes in this area is $999,000. Nearby schools include Ps 55 Maure Elementary School, Redwood Middle School, and Hillcrest High School. View other multi-family home listings in Queens.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.