13102 Liberty Avenue, S Richmond Hill, NY 11419

Jamaica, Richmond Hill, Queens, New York 11419

$6,800,000   $6,300,000   6% Cap Rate / $388 per SF

Listing ID Number


Property Description

Cushman & Wakefield has been retained on an exclusive basis for the sale of a 14-unit commercial building on the corner of Liberty Avenue and 131st street in South Richmond Hill, Queens.

The property consists of a mix of retail and office units including a physical therapist, dance studio, and cardiologist. On-site parking is conveniently located in the rear of the building for up to 15 cars.

13102 Liberty Avenue is located at a four-way traffic light intersection and is surrounded by a dense mix of mixed-use, office, and retail buildings including credit tenants such as Metro PCS, Sprint, and Payless.

The Lefferts Boulevard A Subway station is located a half-mile west along Liberty Avenue easily accessible via the Q112 bus line. The property is also in proximity to the Van Wyck Expressway which is located a quarter-mile east.

This is a rare opportunity in today’s marketplace with approximately 138’ of frontage on Liberty Avenue. Investors also have the opportunity to convert the second floor offices to residential. It enjoys an average of over 8,000 cars passing daily and benefits from surrounding residential to support the local businesses.

Site inspections are by appointment only, please inquire within.


Building Type:Commercial Buildings
Block/Lot:9591/01, 03, 04, 204, 05, 205, 63
Lot Dimensions:137.44' x 80'
Lot Sq Ft:14,411
Commercial Units:14
Zoning:R6B / C2-3
Building Sq Ft:16,200
Building Dimensions:119.05' x 55'


Capitalization Rate:6.00%



For further information or inspection, please contact Exclusive Agents:

Stephen R. Preuss
Senior Managing Director
(718) 512 2118

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The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.