13,000 sqft

$4,690,000

117-11/13 Hillside Avenue, Richmond Hill NY, 11418

Price per sqft$360.77

Built in1931

Property size13,000 sqft

Property typeCommercial

Courtesy of Nirvana Realty Inc, Vincent Suresh Listing Contact: 718-843-5600

Overview

Active

Listed Apr 7, 2026

Updated 2 weeks ago

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.

Additional information

MLS^® ID: 975757

Interior Features

Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.11 Acres

Other Property Details

Taxes: $15,312
Tax Frequency: Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

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