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Richmond Hill South NY, 11419 $1,158,000

Mixed Use Commercial  

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Details ML#: 3547729  

  • Sale or Rent:Sale
  • Year Built: 1925
  • Taxes: $6,938
  • Status:Active

Description

Fantastic investment opportunity in very desired area of Richmond Hill. Mix used property very successful restaurant. Heavy daytime foot traffic, stable cash flow with upside rent growth potential. Commercial space has a 2 years lease remaining and ground floor tenant pays 35% property tax and 75% water bill. Rent per month$3029 (also3% increase every year). 2nd floor 3 bedroom (vacant). Excellent transportation and commuting options available. Tenants pay their own utilities. More than 6% cap.

More Property Details

Property Features

Building Size: 17x70   Lot Size: 0.03   Lot Sq Ft: 1212  

Financial

Taxes: $6,938  

Local Area Information

Zoning: R6B, C2-3   Block: 9568   Lot: 46  

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