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Executive Summary

1 of 3 building: 129-07 Liberty Ave is a Mixuse property.
129-07 Liberty Avenue, Richmond Hill, NY 11418 Block9566|Lot56
For sale is a mixuse building with “Two Family with One Store”. Total 3 units. Situated on the primary retail corridor, Liberty Ave. 15 minute walk to MTA subway. Delivered occupied, all month-to-month tenants. Second floor 2 bed & 1bath apartment with separate entrance. Large unit which can be converted to a 3 bedroom. First floor commercial/basement and rear 1 bedroom and 1 bathroom apt, separate entrance at rear of the building. Shared egress driveway. 3 electric meters, 3 gas, 1 water meter, 1 boiler. Retail has HVAC. Lot: 20’ x 105’; 2,080 SF. Building size 1,920 SF. Year built 1924. 1 buildings, 2 stories, Zoning R6B/C2-3. Tax: $7,712. As-is price: $899,000. Hard contract, closing to occur in April 2027.
Total As Is Price: $2,568,000 (3 building, As Is). See memorandum.
The property is ideal for an investor looking to capitalize on a thriving area and current below market rents! Exceptional asset with strong growth potential.

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portfolio 3

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,920 SF
Building Class
B
Year Built
1924
Price
$3,557,014 CAD
Price Per SF
$1,852.61 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.88
Lot Size
0.05 AC
Zoning
R6B/C2-3 - Mixuse.
Frontage
21’ on Liberty Ave
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Nearby Major Retailers

CTown
Banco Santander
Citi
Tim Hortons
Tex's Chicken & Burgers
Checkers
Capital One
Chase
Td Bank
Key Food

Property Taxes

Property Taxes

Parcel Number
09566-0056
Land Assessment
$17,040 CAD
Improvements Assessment
$68,838 CAD
Total Assessment
$85,878 CAD
  • Listing ID: 41918187

  • Date on Market: 2026-08-28

  • Last Updated:

  • Address: 129-07 Liberty Ave, South Richmond Hill, NY 11419

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