Mixed-Use Building with
For Sale
$4,495,000
117-11 /13 Hillside Ave, Richmond Hill, NY 11418
Residential apartments complement an updated first-floor dining and bar operation.
Property SizeContact for details
Days on Market41
Property Features for 117-11 /13 Hillside Ave
General Information
Standard status
Active
Property subtype
Business Opportunity
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Floor
1
Cap Rate
6.5%
Seating Capacity
250
Multifamily Units
6
Building Details
Year Built
1931
Year Renovated
2020
Listing Agency:
Nirvana Realty Inc
(718) 843-5600
Listed By:
Vincent Suresh
Source:
Wesellhomes
Added: Jul 21
Changed: Aug 29
Last Checked: Aug 25 at 5:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nirvana Realty Inc
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 level measures approximately 50 feet by 50 feet and carries a public assembly certificate of occupancy designation for up to 250 seated guests. It includes a fully equipped kitchen and its own boiler and water heater. The restaurant space is currently vacant, while all six apartments are rented. Residential units have separate boilers and water heaters, and tenants pay their own electric, heat, and cooking gas. Updated in 2020, the building was constructed in 1931. The property is near major highways, buses, trains, schools, and other transportation connections.
Key Highlights
- Mixed‑use building with first‑floor restaurant/bar and 6 residential apartments
- Restaurant area measures substantially 50 feet by 50 feet
- Public assembly certificate of occupancy with capacity for 250 seated guests
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,923
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential apartments complement an updated first-floor dining and bar operation.
Where is this mixed-use property located?
The property is located at 117-11 /13 Hillside Ave Richmond Hill, NY.
What is the asking price?
The asking price for this property is $4,495,000.
What are key features of this property?
This property features: Mixed‑use building with first‑floor restaurant/bar and 6 residential apartments; Restaurant area measures substantially 50 feet by 50 feet; Public assembly certificate of occupancy with capacity for 250 seated guests
