13401 Liberty Avenue, Richmond Hill S., NY

$1,495,000

Previous Next

3,340

Square feet

0.05

Acres

About 13401 Liberty Avenue

PRIME CORNER MIXED-USE ASSET | 6.45% CAP RATE | VALUE-ADD COMMERCIAL INFRASTRUCTURE Exceptional opportunity to acquire a prime 3,340 SF mixed-use property on a high-visibility corner along Liberty Avenue in South Richmond Hill. Offered at $1,495,000 ($447/SF), this asset features a projected $96,357 NOI (6.45% Cap Rate) with significant upside potential. Ground-Floor Commercial (1,840 SF): Delivered vacant and outfitted with critical, high-value second-generation restaurant infrastructure—including pre-existing commercial gas lines, high-capacity hood venting, and walk-in cooler capability. Saves incoming operators or tenants hundreds of thousands in buildout costs. Residential Units (1,500 SF Total): Two spacious 750 SF 2-Bedroom / 1-Bathroom apartments on the upper floor. Unit 1 is delivered vacant and newly renovated, ready for immediate top-of-market leasing. Unit 2 provides steady in-place income on a flexible month-to-month lease. Zoning & Upside: R6B / C2-3 zoning with ~620 SF of unused FAR. Transitioning the commercial space to a Triple-Net (NNN) lease structure pushes projected yields beyond 7.2% Cap Rate. Ideal for owner-operators, value-add investors, or 1031 exchange buyers seeking immediate cash flow along a high-traffic Queens commercial corridor. Close to A-train transit and major thoroughfares.

Features of 13401 Liberty Avenue

MLS® # 969119
Price $1,495,000
Internal Footage 3,340
Square Footage 1988
Acres 0.05
Year Built 1930
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 13401 Liberty Avenue
City Richmond Hill S.
County Queens
State NY
Zip Code 11419

Amenities

Utilities Electricity Available, Sewer Available
Parking On Street
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Cooling Central Air
Fireplace No
Has Basement Yes
Basement Full

Exterior

Construction Brick

Additional Information

Date Listed March 9th, 2026
Days on Market 214
Zoning R6B
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofKeller Williams Realty Greater
Contact Info516-873-7100

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?