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    9109 31St Ave East Elmhurst, NY 11369

    For Sale
    $185,000

    Business - East Elmhurst, NY

    Type:Business
    Property size:
    2,540 SF
    Lot size:
    0.05 Acres
    Days on Market:
    123
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 9109 31St Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Rooms
    Basement
    APN
    01389-0030
    Basement Y/N
    1
    Appliances
    Cooktop, Cooktop - Gas, Freezer, Microwave, Range, Range - Gas, Refrigerator
    Size
    2,540 SF
    Lot size
    0.05 Acres

    Building Details

    Year built
    1927
    Architectural style
    Other

    Telemundo Realty Corp (347) 351-5846 [email protected]

    Listing agent Gladys Ramirez (718) 205-3737 License #31RA0597323

    Listing date Aug 6, 2025

    MLS# 896785 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Elmhurst Turnkey Restaurant Opportunity

    A turnkey opportunity exists to purchase a well-established, income-producing Ecuadorian restaurant in the heart of East Elmhurst. The restaurant is situated on a busy block surrounded by residential housing, benefiting from strong local foot traffic and a loyal customer base. The sale includes a fully equipped kitchen, a dining area, and a full basement with steps to the street. The restaurant has a full liquor license, as well as beer and wine licenses. The 2540-square-foot space is in excellent condition and ready for continued operation. The lot size is 0.0459 acres. This is an ideal investment for an experienced operator or a first-time business owner looking to enter the food and beverage industry in Queens.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Corona Food Market Catering, Empanadas2GO, Tequila City NY, In The Zone Catering

    Location Insight

    • Map
    • Local Demand
    City
    East Elmhurst
    County
    Queens
    State
    New York
    Longitude
    -73.877252
    Latitude
    40.760374

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    FAQs

    What type of property is this?
    Restaurant - Profitable, fully-equipped Ecuadorian restaurant for sale in East Elmhurst.
    Where is this restaurant located?
    The property is located at 9109 31St Ave East Elmhurst, NY.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - Turnkey, income-producing Ecuadorian restaurant.; - Includes a full liquor license, plus beer and wine licenses.; - Fully equipped kitchen and dining area.
    (718) 205-3737
    Request Owner's contact information
    9109 31St Ave East Elmhurst, NY 11369
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    East Elmhurst, NY 11369
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9109 31St Ave East Elmhurst, NY 11369
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