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117-11/13 Hillside Avenue Richmond Hill, NY $ 4,875,000
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117-11/13 Hillside Avenue
$ 4,875,000
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117-11/13 Hillside Avenue

Richmond Hill, NY, 11418
$ 4,875,000
Bedrooms-- Baths-- Sq 13,000

Monthly Estimate*

$ 30,016

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Commercial Property for sale in Richmond Hill, NY

for $4,875,000. This 13,000 square foot building was built in 1931 on a lot size of 0.105601.

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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Commercial Active

Price

$ 4,875,000

Property Type

Commercial

Taxes

$ 15,312

Style

Mixed Use

Lot Size

0.105601

Year Built

1931

Town/City

Richmond Hill

County/Region

Queens

MLS | Web ID

975757
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Available
Appliances Convection Oven Exhaust Fan Freezer Gas Range Ice Maker Refrigerator Gas Water Heater
Zoning R5/C3
Construction Materials Brick
Year Built 1931
Stories Count 3
Property Subtype Mixed Use
Tax Year 2025
Parcel Number 09257-0049
Gross Income 280700
Business Type Bar/Tavern/Lounge
Building Name 117-11 & 117-13
County Queens
Property Type Business Opportunity
Building Features Bathrooms Built-in-Features Ceiling Fan(s) Chandelier Storage
Directions GPS
City New York
Number Of Units Total 6
Property Attached Y/N Y
Tax Annual Amount 15312
Property Condition Updated/Remodeled
Additional Parcels Y/N Y
Building Area Units Square Feet
Standard Status Active
Tax Lot 49
Year Built Effective 2020
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Interior
Basement Finished Full Storage Space
Flooring Combination Hardwood
Total Stories 3
Basement Features Finished Full Storage Space
Basement (Y/N) Y
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Exterior
Water Source Public
Building Area Total 13000
Waterfront Y/N N
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Internal Only
Street Number 1 117
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* Excluded Features
List By
Vincent Suresh

Listing Agent

Nirvana Realty Inc

Broker

718-843-5600

Contact

Affordability Calculator

$31,292
Per Month
96%
4%
0%
Monthly Principal & Interest
$30,016
Monthly Property Taxes
$1,276
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/7/2026$4,875,000 Listed Price

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117-11/13 Hillside Avenue, Richmond Hill, NY, 11418 is a Commercial Property for sale at $4,875,000 with 13,000 sqft and a lot size of 0.105601. 117-11/13 Hillside Avenue was built in 1931. The property's zip code is 11418 which is in Richmond Hill, NY

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