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    Vernon Blvd Long Island City, NY 11101

    For Sale
    $380,000

    Business Opportunity - Long Island City, NY

    Property size:
    2,800 SF
    Lot size:
    0.06 Acres
    Days on Market:
    93
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for Vernon Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    00030-0047
    Basement Y/N
    1
    Size
    2,800 SF
    Lot size
    0.06 Acres

    Building Details

    Year built
    1931
    Architectural style
    Other

    B Square Realty (718) 939-8388 [email protected]

    Listing agent Li Li (718) 939-8388 License #10311207854

    Listing date Sep 4, 2025

    MLS# 906430 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

    Turnkey Restaurant Opportunity in Long Island City

    An exceptional restaurant opportunity is available in Long Island City, featuring a fully built-out hotpot restaurant. The property includes approximately 2,800 square feet on the main floor, complemented by an additional 2,000 square feet of basement space suitable for storage, prep, or private dining. The premises are equipped with a hard liquor license and modern infrastructure, with a layout designed for high-volume operations. The business demonstrates consistently high sales performance and benefits from a long lease term, providing stability and future growth potential. Situated in a prime location, the restaurant is surrounded by luxury residential towers, offices, and a dynamic population of young professionals, ensuring steady foot traffic and strong neighborhood demand for dining and nightlife. This turnkey restaurant is located in one of New York’s fastest-growing waterfront communities and is suited for an experienced restaurateur looking to establish or expand their presence in Long Island City. The lot size is approximately 0.0574 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Similar Places Nearby

    Chef Caters your Event, City Catering Events, Butchery & Beyond, Thomas Preti Events to Savor, Cloud Catering and Events

    Map

    City
    Long Island City
    County
    Queens
    State
    New York
    Longitude
    -73.934718
    Latitude
    40.770775

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    FAQs

    What type of property is this?
    Restaurant - Fully equipped hotpot restaurant with high sales and long lease.
    Where is this restaurant located?
    The property is located at Vernon Blvd Long Island City, NY.
    What is the asking price?
    The asking price for this property is $380,000.
    What are key features of this property?
    This property features: - Turnkey hotpot restaurant in a prime Long Island City location.; - Approximately 2,800 SF main floor plus 2,000 SF basement space.; - Hard liquor license included.
    (718) 939-8388
    Request Owner's contact information
    Vernon Blvd Long Island City, NY 11101
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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
    Vernon Blvd Long Island City, NY 11101
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