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Mixed-Use Restaurant and Apartment
New
For Sale
$1,050,000

131-07 Liberty Avenue, Richmond Hill, NY 11419

Residential Income, Richmond Hill, NY

Property SizeContact for details
Days on Market2

Property Features for 131-07 Liberty Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street
Interior features High Ceilings
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

Taxes and HOA fees

Tax Year 2026
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
Listing Agency: Winzone Realty Inc
Listed By: Ping Sang Cheng
Added: Sep 12 Changed: Sep 13 Last Checked: Sep 13 at 5:06PM
MLS# 1050040

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.

Investment Insights

Based on property information with market context.

This brick mixed-use property was built in 1925 and measures 16 feet by 72 feet. The ground level is occupied by a restaurant, while the upper floor contains a three-bedroom, one-bath apartment. High ceilings, a basement, public water, and public sewer are among the property features. Heating is provided by natural gas, with window and wall/window cooling units. On-street parking is available.

The property is located at 131-07 Liberty Avenue in Richmond Hill, within Queens County. Recent capital improvements include a new roof and heating system. Both units are month-to-month. The restaurant tenant pays 35% of property taxes and 75% of water expenses, with 3% annual escalations; the apartment has separately metered cooking gas and electric paid by the tenant.

Key Highlights

  • Mixed‑use building at 131‑07 Liberty Avenue, Richmond Hill, NY 11419
  • 16' x 72' building footprint
  • Ground‑floor restaurant with second‑floor 3‑bedroom, 1‑bath apartment

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

Location Intelligence

Trade Area within ½ mile

2,531
Businesses Nearby

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
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combining a ground-floor restaurant with a separately metered three-bedroom apartment above.
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: Mixed‑use building at 131‑07 Liberty Avenue, Richmond Hill, NY 11419; 16' x 72' building footprint; Ground‑floor restaurant with second‑floor 3‑bedroom, 1‑bath apartment
More about this property
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