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    131-07 Liberty Ave Richmond Hill, NY 11419

    Sponsored
    For Sale
    $1,100,000

    MULTI_FAMILY - Richmond Hill, NY

    Days on Market:
    3
    Last Refresh:
    Jan 6 at 1:06 pm

    Property Features for 131-07 Liberty Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    Off Street
    Basement
    Full

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1925
    Number of units
    2
    Building materials
    Brick

    WINZONE REALTY INC. (718) 899-7000 [email protected]

    Listing agent Ping Sang Cheng

    Listing date Jan 4, 2026

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Richmond Hill Mixed-Use Building

    This mixed-use building is located in Richmond Hill. The first floor is occupied by a restaurant with a monthly rent of $3120.83, subject to a 3% annual increase. The second floor is currently rented for $2800 without a lease. Tenants are responsible for their own utilities. The building measures 17.25 x 72. The property tax is $7184, with the owner responsible for 65% of the tax and 25% of the water bill.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond Hill
    County
    Queens
    State
    New York
    Longitude
    -73.858997
    Latitude
    40.679507

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building in Richmond Hill with restaurant and residential units.
    Where is this mixed-use property located?
    The property is located at 131-07 Liberty Ave Richmond Hill, NY.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Prime location in Richmond Hill; - Mix-use building with existing restaurant tenant; - Restaurant generates $3120.83/month income with annual rent increases
    (347) 267-1323
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    131-07 Liberty Ave Richmond Hill, NY 11419
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