Buy with Yoreevo
$1,468,837
List Price: $1,495,000
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13401 Liberty Avenue

House in South Richmond Hill •  building info
studio • 1,988ft² $752 per ft²
Buy with Yoreevo

$1,468,837

List Price

$1,495,000

Key Details
Days on market
183
Last price change
$355,000 (19.2%) on 8/26/26
Estimated payment
$10,393/mo
Taxes
$1,889/mo
Maintenance
N/A
Description
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.

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Building amenities
Services and facilities
Parking Available
Building info

History
8/26/26
Price decreased 19.2%
$1,495,000
$355,000
8/1/26
Delisted
$1,899,000
3/9/26
Listed
$1,850,000
8/25/25
Listed
$1,899,000
What it'll cost
Purchase price
$1,495,000
Asking Price: $1,495,000
Term
30 Years
Down Payment
$149,000 (10%)
Min: 10% (149,000)
Rate
6.5 %
Mortgage Amount
$1,345,500
Mortgage Payment
$8,504
Taxes
$1,889
Estimated Yoreevo rebate
$26,163
Estimated closing cost
$54,000
Total monthly cost $10,393
Buy your dream home with us and get an estimated
$26,163 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Keller Williams Realty Greater

Information ©2026, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.