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$4,690,000

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Price Dropped by $5K

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

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Adele Campbell

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 978734

Style Mid Rise

Rental Info No

Year Built 1931

Annual Tax Amount $15,312

Property Sub-Type Multi Family

Source onekey2

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.

Location

State NY

County Queens

Rooms

Basement Finished, Full, Storage Space

Interior

Heating Forced Air, Natural Gas, Separate Meters

Cooling Central Air, Multi Units

Flooring Hardwood, Laminate, Tile

Fireplace No

Appliance Convection Oven, Dishwasher, Disposal, Exhaust Fan, Freezer, Gas Cooktop, Gas Range, Refrigerator, Stainless Steel Appliance(s)

Exterior

Parking Features Off Street

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Water Available

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS

Listed by Nirvana Realty Inc • Vincent Suresh

NEARBY SCHOOL & BUSINESS

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Adele Campbell

Agent/Office Administrator

+1(914) 272-5530

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