646-267-3979
18018 Hillside Ave, Jamaica, NY for Rent

$30.00 USD /SF/yr

Retail - For Rent
1/3
1,800 SF | 1 Space

18018 Hillside Ave
Jamaica, NY 11432


HIGHLIGHTS

  • Two bathrooms already built out
  • Fully sprinkled-move-in ready
  • Two means of egress

OVERVIEW

Restaurant Business for Sale – Owner Retiring Prime Location: 180-18 Hillside Avenue, Jamaica, Queens Exceptional opportunity to acquire a well-established restaurant with over 33 years in continuous operation, specializing in West Indian/Caribbean cuisine with a strong focus on roti and an Indian food concept. The business is being sold by the building's owner, who is preparing for retirement. Key Highlights - Asking Price: $300,000 Key Money (negotiable) - Rent: $7,000/month for both floors (1st floor & full basement Bar Lounge) - $300/month for water - Tenant Pays: Heat, electricity, A/C, and cooking gas - Ground Floor: 1,800 SF with seating for 40+ patrons - Lower Level: 1,800 SF bar/lounge with seating for 50+ patrons - Net Income: Approximately $20,000/month, even without operating the lower-level bar/lounge - Active Liquor License and New York Lottery approval - Full bar, pool table, fully equipped commercial kitchen, and walk-in cooler - Lower level features two bathrooms, two means of egress, and a sprinkler system - Prime location on busy Hillside Avenue with outstanding pedestrian and vehicle traffic - Conveniently located near the 179 Street subway station Turnkey, income-producing business with tremendous upside by fully utilizing the 1,800 SF lower-level bar/lounge. An outstanding opportunity for an owner-operator or investor in one of Jamaica, Queens' busiest commercial corridors.

RENTAL DETAILS

SPACE AVAILABLE

1,800 SF

# OF SPACES

1

RENT/MONTH

$4,500 USD /mo

RENT RATE (MO)

$2.50 USD /SF/mo

RENT RATE (YR)

$30.00 USD /SF/yr

LEASE TYPE

TBD

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

4,573 SF

YEAR BUILT

1992

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R7A

ASK ABOUT THIS PROPERTY

Sergey BabayevKingsland PropertiesMore Info
646-267-3979

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Sergey BabayevKingsland PropertiesMore Info
646-267-3979

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.