117-11/13 Hillside Avenue, Richmond Hill, NY 11418
- $4,495,000
- List Price
- $4,495,000
- Price Change
- ▼ $380,000 1784064395
- MLS#
- 975757
- Status
- ACTIVE
- Lot Size
- 4600
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.
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Additional Information
- Year Built
- 1931
- Stories
- 3
- Total Taxes
- 15312
- Heating
- Forced Air, Natural Gas
- Basement
- Finished, Full, Storage Space
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $15,312
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Listing courtesy of Listing Agent: Vincent Suresh (vsuresh47@hotmail.com) from Listing Office: Nirvana Realty Inc.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.