9 Hillside Ave, New York, NY 10040

Building Details

Year Built

1960

Listing office ADCNY REALTY CORP a***@gmail.com Show Phone

Listing date Mar 12, 2026

Source Elliman

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Overview

This one-story commercial property is located in Inwood/Washington Heights. The property is currently leased to a deli, providing rental income and redevelopment potential under R7-2 zoning. The property is on a 25 x 100 ft lot, which is 2,500 sq ft, with the ability to build up to approximately 8,600 sq ft. The existing structure is around 2,500 sqft and in solid condition. The current tenant operates a neighborhood deli under a lease with 5 years remaining, paying $6,000 per month, which is $72,000 per year. The estimated Net Operating Income (NOI) is approximately $61,200 per year. R7-2 zoning allows for potential multi-family or mixed-use development when the current lease expires. Located steps away from the A and 1 subway lines, parks, and major retail corridors, the property benefits from foot traffic, visibility, and access to local amenities. It offers an opportunity for passive investors seeking cash flow and developers looking for future upside.

Suggested Use

Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith (Bike/Boat/Book/etc) Store Auto Parts Store Parking Lot & Garage Acupuncture Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• Las Antillas Produce Meat Market — 169 E 3rd St, Mt Vernon, NY 10550
• Target Grocery — 500 E Sandford Blvd, Mt Vernon, NY 10550
• Manor Market — 4775-77 Boston Post Rd, Pelham, NY 10803
• Bani Food Market Corporation — 15 S Fulton Ave, Mt Vernon, NY 10550

Location Insight

• Map
• Local Demand

City

New York

County

New York

State

New York

Longitude

-73.9307

Latitude

40.8586

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FAQs

What type of property is this?

Grocery and convenience store - Commercial property with stable income and future redevelopment potential.

Where is this grocery and convenience store located?

The property is located at 9 Hillside Ave New York, NY.

What is the asking price?

The asking price for this property is $1,450,000.

What are key features of this property?

This property features: Strong redevelopment potential with R7‑2 zoning allowing for approximately 8,600 sq ft buildable area.; Consistent rental income from established deli tenant with 5 years remaining on lease.; Attractive estimated Net Operating Income (NOI) of approximately $61,200/year.