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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Listing By
Agency Name: Nirvana Realty Inc
Agency Contact: 718-843-5600
Shown By
Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902
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117-11/13 Hillside Avenue, Richmond Hill, NY 11418.
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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 www.laffey.com today.