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18018 Hillside Ave 1,800 SF of Retail Space Available in Jamaica, NY 11432
Highlights
- Two bathrooms already built out
- Two means of egress
- Fully sprinkled-move-in ready
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,800 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $54,000 /YR $4,500 /MO | TBD |
1st Floor
Prime Lower Level Space for Rent – 1,800 SF Size: 1,800 square feet Features: Two bathrooms, sprinkler system, two means of egress, high ceilings (12 ft) Location: Conveniently located at the last stop on the F line, 179th Street Rent: $4,500/month This 1,800-square-foot versatile lower-level space is ideal for retail, office, or service-based businesses. High ceilings create an open, airy feel, while the sprinkler system and multiple exits ensure safety and compliance. Excellent foot traffic from the nearby subway stop and the surrounding neighborhood makes this a great opportunity for visibility and accessibility. Don’t miss out on this well-located, move-in-ready space
- Located in-line with other retail
- 1,800-square-foot versatile lower-level space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 18018 Hillside Ave, Jamaica, NY 11432
- Tenant
- Description
- US Locations
- Reach
- Roti Corner
- Restaurant
- 1
- National
| Tenant | Description | US Locations | Reach |
| Roti Corner | Restaurant | 1 | National |
Property Facts
| Total Space Available | 1,800 SF | Gross Leasable Area | 4,573 SF |
| Property Type | Retail | Year Built | 1992 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 4,573 SF |
| Year Built | 1992 |
About the Property
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.
- 24 Hour Access
- Restaurant
- Signage
Nearby Major Retailers
Presented by
Kingsland Properties
18018 Hillside Ave
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