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SINGLE_FAMILY - Jamaica, NY

EXECUTIVE SUMMARY: A rare chance to acquire a mixed-use building and a fully operating restaurant/bar business from owners retiring after 35 years. Located on the heavily trafficked Hillside Ave corridor, this opportunity combines real estate stability with business profitability and massive upside potential. BUSINESS OVERVIEW (Included in Bundle): - 35-year established restaurant & bar with loyal clientele - Liquor service approved for both floors - Fully built-out basement bar (turnkey, not operating) - Business valued at $340,000 - included in $2.7M bundle INCOME SUMMARY: Commercial Tenant Rent: $7,000/mo Residential Units (2): $3,300/mo (currently under market) Basement Bar Rental Potential: $2,250/mo Total Current Income: $12,550/mo ($150,600/yr) UPSIDE POTENTIAL: - Raise residential rents to market ($4,000/mo) - Reopen basement bar (adds $8,000-$12,000/mo revenue) - Expand delivery...

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Corcoran

New York, NY

(646) 387-9417

Matthew Holt

Corcoran
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Is this your property? Sell it faster with premium placement and targeted ads.