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Mixed-Use Property with Restaurant
For Sale
$4,695,000

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

Commercial Sale, Richmond Hill, NY

Property SizeContact for details
Lot Size0.11 Acres
Days on Market139

Property Features for 117-11/13 Hillside Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R5/C3
Rooms Basement
Parking features Off Street
Basement Storage Space, Finished, Full
Appliances Convection Oven, Dishwasher, Disposal, Exhaust Fan, Freezer, Gas Cooktop, Gas Range, Refrigerator, Stainless Steel Appliance(s)
Directions GPS
Standard status Active
APN 09257-0049
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 15312

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Multi Units, Central Air
Water source Public

Building Details

Year built 1931
Floors in Building 3
Number of units 6
Flooring type Laminate, Hardwood, Tile
Building materials Brick
Architectural style Other
Listing Agency: Nirvana Realty Inc
Listed By: Vincent Suresh
Added: Apr 6 Changed: Aug 20 Last Checked: Aug 22 at 5:06PM
MLS# 978734

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property combines a first-floor restaurant and bar with six residential apartments. The commercial area is currently vacant and carries a public assembly certificate of occupancy, with a stated 250-seat capacity across an approximately 50-by-50-foot space. A fully equipped kitchen includes convection and gas cooking equipment, refrigeration, dishwasher, disposal, and exhaust ventilation. The restaurant has dedicated boiler and water-heating equipment.

The six apartments are fully rented and served by separate boilers and water heaters. Tenants pay their own electric, heat, and cooking gas. The property is zoned R5/C3 and occupies 0.1056 acres. Built in 1931, the brick building includes laminate, hardwood, and tile flooring, central air conditioning, forced-air natural-gas heating, off-street parking, public water, and public sewer. It is located near highways, buses, and trains in Richmond Hill, Queens.

Key Highlights

  • First‑floor restaurant/bar is vacant and has a public assembly certificate of occupancy
  • Commercial space measures approximately 50 feet by 50 feet with capacity for 250 seated
  • Fully equipped kitchen with gas cooktop, gas range, convection oven, refrigeration, and dishwasher

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Gym & Fitness Center Parking Lot & Garage Clothing & Fashion Store Nursing Home Cafe & Coffee Shop Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,923
Businesses Nearby

Demographics for 11418, NY

37,596
Population
12,072
Households
3.1
Avg Household Size
37
Median Age
32%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
22,115
Density / Sq Mi
$84,927
Median Household Income
$44,818
Median Earnings
$1,788
Median Rent
$772,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level commercial and residential property with a vacant restaurant space and six fully rented apartments.
Where is this mixed-use property located?
The property is located at 117-11/13 Hillside Avenue Richmond Hill, NY.
What is the asking price?
The asking price for this property is $4,695,000.
What are key features of this property?
This property features: First‑floor restaurant/bar is vacant and has a public assembly certificate of occupancy; Commercial space measures approximately 50 feet by 50 feet with capacity for 250 seated; Fully equipped kitchen with gas cooktop, gas range, convection oven, refrigeration, and dishwasher
More about this property
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