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Price Reduced Listing
$4,690,000
( $360.77Per Sq Foot )
 $25,177 est/mo Sourced by Back At You

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

Richmond Hill, NY 11418

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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.

Details

MLS #978734
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1931
Days On Site160
Listing Provided ByNirvana Realty Inc | Vincent Suresh

Features

SQ Feet13,000
BasementY
Story(s)3
Units6
Building(s)2
ZoningR5/C3
Acreage0.11

Interior

CoolingCentral Air, Multi Units
HeatingForced Air, Natural Gas, Separate Meters
AppliancesConvection Oven, Dishwasher, Disposal, Exhaust Fan, Freezer, Gas Cooktop, Gas Range, Refrigerator, Stainless Steel Appliance(s)

Exterior

Construction MaterialsBrick

Parking

Parking FeaturesOff Street

Utilities

UtilitiesElectricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Water Available
SewerPublic Sewer

Taxes

Tax Year2025
Tax Annual Amount15312
Tax Lot49

Area Information

StateNY
CountyQueens
CityRichmond Hill
Zip Code11418
Listing VS Median (in 11418)
Price:
$4,690,000
low | high
Med:
$949,000
100% of Average
sqft:
13,000
low | high
Med:
1,906
100% of Average
$ / sqft:
$361
low | high
Med:
$498
11.988960906754% of Average
On site:
160
low | high
Med:
172
93.023255813953% of Average
Sourced by Back At You

Market Activity 11418

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Learn More About This Property

Mary Drennen

Mary Drennen

John J Lease REALTORS

 (914) 456-1749marydrennen1@gmail.com
StateNY
CountyQueens
CityRichmond Hill
Zip Code11418
Listing VS Median (in 11418)
Price:
$4,690,000
low | high
Med:
$949,000
100% of Average
sqft:
13,000
low | high
Med:
1,906
100% of Average
$ / sqft:
$361
low | high
Med:
$498
11.988960906754% of Average
On site:
160
low | high
Med:
172
93.023255813953% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $3.517M - $5.862M
sqft: 9,500 - 16,000
Nearby Listings Property ImageNearby Listings Details
117-11/13 Hillside Avenue Property Photo 1
$4,690,000
117-11/13 Hillside Avenue
Richmond Hill, NY 11418
Listing Updated: September 8, 2026 at 10:55:01 AM PDT

Mary Drennen - John J Lease Realtors