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Mixed-Use Building with Restaurant
For Sale
$1,050,000

131-07 Liberty Avenue, Richmond Hill, NY 11419

Commercial Sale, Richmond Hill, NY

Property SizeContact for details
Days on Market48

Property Features for 131-07 Liberty Avenue

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking features On Street
Basement Full
Elementary school Ps 55 Maure
Middle school Redwood Middle School
High school Hillcrest High School
Elementary school district Queens 28
Middle school district Queens 28
High school district Queens 28
Standard status Active
APN 09568-0046

Additional Details

Tenant in Place Yes
Individually Metered Utilities cooking gas, electric

Taxes and HOA fees

Tax Year 2027
Tax Annual Amount 7321

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1925
Number of units 2
Building materials Brick
Buildings 1
Listing Agency: Winzone Realty Inc
Listed By: Ping Sang Cheng
Added: Sep 11 Changed: Oct 25 Last Checked: Oct 28 at 10:06AM
MLS# 1049990

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.

Rey
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Investment Insights

Based on property information with market context.

This brick mixed-use property contains a ground-floor restaurant and a second-floor three-bedroom, one-bath apartment. The building measures approximately 16 feet by 72 feet and includes a basement. Recent capital improvements include a new roof and heating system, with natural-gas heat and window or wall-mounted cooling units. The apartment has separately metered cooking gas and electric, paid by the occupant.

Located at 131-07 Liberty Avenue in Richmond Hill, the property has public water and sewer service, with on-street parking available. The restaurant arrangement provides for payment of 35% of property taxes and 75% of water usage, along with 3% annual escalations. Both units are described as month-to-month, providing flexibility for future occupancy or leasing decisions.

Key Highlights

  • Ground‑floor restaurant with a second‑floor 3‑bedroom, 1‑bath apartment
  • Approximately 16' x 72' building footprint with basement
  • New roof and heating system

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Law Firm Acupuncture Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,397
Businesses Nearby
125k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Shops & Services 38% Groceries 15% Electronics 4%
Golden Farms Groceries
19,299 visits/mo 0.1 miles
BP Shops & Services
19,220 visits/mo 0.5 miles
Chase Bank Shops & Services
17,351 visits/mo 0.2 miles
Burger King Dining
12,433 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
11,640 visits/mo 0.4 miles

Demographics for 11419, NY

47,430
Population
13,607
Households
3.5
Avg Household Size
39
Median Age
21%
College-Educated
73%
High-School Grad
1.1 sq mi
ZIP Area
43,118
Density / Sq Mi
$91,231
Median Household Income
$41,091
Median Earnings
$1,920
Median Rent
$678,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick property combines a ground-floor restaurant with an upstairs apartment and separately metered cooking gas and electric.
Where is this mixed-use property located?
The property is located at 131-07 Liberty Avenue Richmond Hill, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Ground‑floor restaurant with a second‑floor 3‑bedroom, 1‑bath apartment; Approximately 16' x 72' building footprint with basement; New roof and heating system
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