34
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$4,690,000
Est. payment /mo
Price Dropped by $5K
117-11/13 Hillside AVE Richmond Hill, NY 11418
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 975757
Rental Info No
Year Built 1931
Annual Tax Amount $15,312
Property Sub-Type Mixed Use
Source onekey2
Property Description
Welcome to this great opportunity to own this Restaurant/bar along with 6 residential apartments. Well equipped and updated in 2020. First floor is the restaurant/bar with public assembly certificate of occupancy designation substantially 50 feet by 50 feet, capacity 250 seated, with fully equipped kitchen. The first floor is Vacant at Present. Rent offers can be at $15,000 to $16,000. Cap rate minimum of 6 to 6.5. Can be used as a restaurant, bar, or club. Restaurant has it's own boiler and water heater. 6 Apartment unit fully rented annual income of $160,200.
6 separate boiler and water heater for residential units, Tenants pay their own electric, heat and cooking gas. Situated in a great location. Close to all major highways, achieving schools , transportation, buses and trains.
6 separate boiler and water heater for residential units, Tenants pay their own electric, heat and cooking gas. Situated in a great location. Close to all major highways, achieving schools , transportation, buses and trains.
Location
State NY
County Queens
Rooms
Basement Finished, Full, Storage Space
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Combination, Hardwood
Fireplace No
Appliance Convection Oven, Exhaust Fan, Freezer, Gas Range, Ice Maker, Refrigerator, Gas Water Heater
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by Nirvana Realty Inc • Vincent Suresh
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