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121-23 Liberty Avenue & 103-40 123rd Street 12123 Liberty Ave 4,300 SF Retail Building South Richmond Hill, NY 11419 $5,332,751 CAD ($1,240.17 CAD/SF)
Investment Highlights
- Approximately 37 feet of frontage along Liberty Avenue's active commercial corridor.
- Located three blocks from the Lefferts Boulevard A Train station for convenient access.
- Mixed-use configuration offers retail, residential, and future repositioning flexibility.
- Surrounded by established national retailers including TD Bank, Dunkin', McDonald's, Chase, and Citibank.
Executive Summary
This offering consists of two buildings. The first is a mixed-use building on Liberty Avenue with 3,300 SF of retail, a full basement, and two vacant apartments on the second floor. The second building sits around the corner on 123rd Avenue and consists of a two-family house with one apartment recently gut-renovated and the other currently rented. The property also includes two garages, and the tax lot connects to the property on Liberty Avenue.
The entire building is currently occupied but will be delivered vacant upon sale. It offers 37 feet of frontage on prime Liberty Avenue, featuring one of the larger retail spaces available on the street. It sits just three blocks from the Lefferts Boulevard "A" Train subway station. The surrounding retail corridor includes major national tenants such as TD Bank, Popeyes, Dunkin' Donuts, T-Mobile, McDonald's, Checkers, Taco Bell, Burger King, Chase Bank, and Citibank.
This is a great opportunity to acquire a value-add/user property on one of the busiest and most heavily trafficked retail corridors in Richmond Hill, Queens.
The entire building is currently occupied but will be delivered vacant upon sale. It offers 37 feet of frontage on prime Liberty Avenue, featuring one of the larger retail spaces available on the street. It sits just three blocks from the Lefferts Boulevard "A" Train subway station. The surrounding retail corridor includes major national tenants such as TD Bank, Popeyes, Dunkin' Donuts, T-Mobile, McDonald's, Checkers, Taco Bell, Burger King, Chase Bank, and Citibank.
This is a great opportunity to acquire a value-add/user property on one of the busiest and most heavily trafficked retail corridors in Richmond Hill, Queens.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,300 SF
Building Class
C
Year Built
1931
Price
$5,332,751 CAD
Price Per SF
$1,240.17 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.29
Lot Size
0.08 AC
Zoning
R6A
Frontage
37’ on Liberty Avenue
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 09559-0031 | Improvements Assessment | $246,682 CAD |
| Land Assessment | $124,524 CAD | Total Assessment | $371,206 CAD |
Property Taxes
Parcel Number
09559-0031
Land Assessment
$124,524 CAD
Improvements Assessment
$246,682 CAD
Total Assessment
$371,206 CAD
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121-23 Liberty Avenue & 103-40 123rd Street | 12123 Liberty Ave
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