$4,690,000
117-11/13 Hillside Avenue
Richmond Hill, NY 11418
—
Beds
—
Baths
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Square feet
1931
Built
Listing narrative
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.
Property Details
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Price
$4,690,000
Beds
Beds n/a
Type
Commercial
MLS subtype
Mixed Use
Home Size
Sqft n/a
Baths
Baths n/a
Year
1931
Status
For Sale
Days on Market
196
Courtesy of Nirvana Realty Inc





