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Listed price in listed location currency (USD).
$4,875,000

000

MLS® 975757

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Business Opportunity
Size -
Garage No
HOA Fees 
Taxes $15,312
Days Active 12
Approx. Age 1931
MLS® Number 975757

Property Address: 117-11/13 38th Rd, Little Neck, NY, 11363

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to this great opportunity to own this Restaurant/bar along with 6 residential apartments. Well equipped and updated in 2020. First floor is the restaurant/bar with public assembly certificate of occupancy designation substantially 50 feet by 50 feet, capacity 250 seated, with fully equipped kitchen. The first floor is Vacant at Present. Rent offers can be at $15, 000 to $16, 000. Cap rate minimum of 6 to 6.5. Can be used as a restaurant, bar, or club. Restaurant has it's own boiler and water heater. 6 Apartment unit fully rented annual income of $160, 200. 6 separate boiler and water heater for residential units, Tenants pay their own electric, heat and cooking gas. Situated in a great location. Close to all major highways, achieving schools , transportation, buses and trains.
MLS® Number975757
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1931
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 7, 2026List Date
$4,875,000List Price
  • Commute

Commute

Starting Address
Destination Address
117-11/13 38 Th Rd, Little Neck, NY

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