112-02 Liberty Ave., New York, NY 11419 - Photo 1

1/1

$1,400,000

Sold
Closed
Business

1/1

Property Description

Owners are motivated and anxious to sell. Will listen to all offers. Mixed-use building in South Richmond Hill section of S. Ozone Park, Queens (corner of Liberty Ave / 112th St) Retail ground Storefront faces Liberty Ave, on a high traffic corner just steps away from the A train, with plenty of foot traffic for a business to thrive. Has potential to designate a second store. 2nd Floor has 2 apartments w/ 2 bedrooms each. Commercial space has a 3yr lease remaining & ground floor tenant pays 1/2 property taxes. Both 2nd floor apts do not have leases, and rent way below market value at $1,400/mo & $1,200/mo. Tenants pay their own electric. Full semi-finished Basement is used for storage & has newly built boiler & mechanical room. New electrical upgrades & meters. Projected rents: $2,000 per apartment monthly; Commercial space: $4,000 monthly; if a 2nd store is designated then can get $2,500 monthly. A projected monthly income of $126,000/Year.

Full Property Details

Full Property Details for 112-02 Liberty Ave

General

Sold For: $1,400,000
Status: Closed
Type: Business
Source: Long_Island
MLS ID: L3426877
Added to Site: 1, 240 day(s) ago

Business

Name: Bennos Jewlery & Fashion
Business Type: Other, Mixed

Location

County: Queens
Township: Queens
Cross Streets: 112th Street
Driving Directions: See MapQuest.CORNER PROPERTY ON LIBERTY AVE.&112TH.STREET.

Structural Information

Detached/Attached: Detached
Stories/Levels: 3
Stories in Building: 3
Square Feet: 2,800
Current Bldg. Use: Mixed Use, Residential, Retail

Lot Features

Lot Size (Acres): 0.04
Lot Size (Sq. Ft.): 1,798
Lot Size Source: Other

Listed by Eliot Hill Realty Inc
Sold by Century 21 Monticello Realty

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Listing agent

— 112-02 Liberty Ave —

Eliot Hill Realty Inc

718-672-4444

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Schools

Schools serving 112-02 Liberty Ave

School District:New York City Geographic School District 27

Name	Grades	Distance
Ps 108 Capt Vincent G Fowler 108-10 109th Ave, Queens, NY 11420	PK-5	0.4 mi
Ms 137 America S School Of Heroes 109-15 98th St, Queens, NY 11417	6-8	0.7 mi
John Adams High School 101-01 Rockaway Blvd, Queens, NY 11417	9-12	0.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 112-02 Liberty Ave

Date

Details

Price

Change

Source

5/25/2023

Sold

$1,400,000

-6.6%

MLS

9/28/2022

Price Reduced

$1,499,000

-1.9%

MLS

9/19/2022

Price Reduced

$1,528,000

-2.55%

MLS

8/30/2022

Listed

$1,568,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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112-02 Liberty Ave., New York, NY 11419 (MLS# L3426877) is a Business property that was sold at $1,400,000 on May 25, 2023. Want to learn more about 112-02 Liberty Ave.? Do you have questions about finding other Business real estate for sale in New York? You can browse all New York real estate or contact a Coldwell Banker agent to request more information.

112-02 Liberty Ave New York, NY 11419