117-11/13 Hillside Avenue, Richmond Hill, NY 11418
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Listing Type
Commercial/Industrial
Listing Status
Active
34
$4,875,000
Home Details for 117-11/13 Hillside Avenue
Price
$4,875,000
Type
Business Opportunity
Year built
1931
County
Queens
Basement
Finished, Full, Storage Space
Days on site
45
MLS Listing#
975757
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.
Property Features
Utilities
Natural Gas Available
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Available
Basement
Finished
Full
Storage Space
Heating Information
Forced Air
Natural Gas
Cooling Information
Central Air
Water Features
Public
Listing Courtesy: Nirvana Realty Inc - 718-843-5600