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For SaleLuxury

$4,690,000

192 days on market

117-11/13 Hillside Avenue

Richmond Hill, NY 11418

View records
· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1931

Built

Listing narrative

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.

Listing agent (MLS): Vincent Suresh · Listing brokerage (MLS): Nirvana Realty Inc

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$4,690,000

Beds

Beds n/a

Type

House

Home Size

Sqft n/a

Baths

Baths n/a

Year

1931

Status

For Sale

Days on Market

192

· 8% down, 7% APR, 30yr fixed

Verified property data

Value, tax & last recorded sale

Public records available on the full property page

Estimated home value

Not available

Automated valuation estimate, not an appraisal. Value and range come from the connected property-data provider.

Public records are available on the full property page.

No record values are inferred or fabricated.

Full MLS property history

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Courtesy of Nirvana Realty Inc