MLS#975757
STATUSActive
PROPERTY TYPECommercial - Multiple
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
Property Type: Commercial - Multiple
Basement: Yes
Basement: Finished, Full, Storage Space
Cooling: Central Air
Heating: Forced Air, Natural Gas
Lot Size: 0.11 Acres
Stories: 3.0
Taxes: $15,312
Year Built: 1931
Feature Descriptions
Appliances: Convection Oven, Exhaust Fan, Freezer, Gas Range, Ice Maker, Refrigerator, Gas Water Heater
Building Area Total: 13000
Building Features: Bathrooms, Built-in-Features, Ceiling Fan(s), Chandelier, Storage
Business Type: Bar/Tavern/Lounge
Days on Site: 7
Exterior: Brick
Flooring: Combination, Hardwood
Heating Zones: 7
On Market Date: 2026-04-07
Overhead Door Height: 0
Parcel Number: 09257-0049
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 6
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available
Water: Public
Listed By / Shown By
Listing By
Agency Name: Nirvana Realty Inc
Agency Contact: 718-843-5600
Shown By
Agent Name: Ryan Duhaney
Agent Phone: (718) 395-5626
Agency Title: Century21 American Homes
117-11/13 Hillside Avenue | MLS# 975757
This commercial property located at 117-11/13 Hillside Avenue, Richmond Hill, NY 11418 is currently listed for sale with an asking price of $4,875,000. Search Richmond Hill real estate on ryanduhaney.century21americanhomes.com today.