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Japanese Restaurant With Sushi Bar
For Sale
$380,000

111-16 Queens Boulevard, Forest Hills, NY 11375

Established operation includes furniture, kitchen equipment, and fixtures.

Property Size5,000 SF
Days on Market159

Property Features for 111-16 Queens Boulevard

General Information

Standard status Active
Size 5,000 SF
Property subtype Business

Additional Details

Furnished Yes
Business Included Yes
Equipment Included Yes

Building Details

Building Size 5,000 SF
Listing Agency: ProBase Real Estate
Listed By: Chun Hung (Leo) Tse · License #CT7740
Source: Serhant
Added: Apr 8 Changed: Sep 10 Last Checked: Sep 12 at 9:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ProBase Real Estate

Investment Insights

Based on property information with market context.

Japanese restaurant space offering both teppanyaki service and a sushi bar, with approximately 5,000 square feet of space. The sale includes the existing furniture, kitchen equipment, and fixtures, supporting continued restaurant operations. The business has operated for over 21 years and is located at 111-16 Queens Blvd in Forest Hills, NY. An established customer base is also included in the business sale.

Key Highlights

  • Approximately 5,000 square feet of restaurant space
  • Teppanyaki and sushi bar concepts
  • Operating history of over 21 years

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

3,847
Businesses Nearby
218k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 45% Dining 27% Groceries 11% Office Supplies 9%
Staples Office Supplies
19,965 visits/mo 0.4 miles
Bank of America Shops & Services
17,011 visits/mo 0.2 miles
Starbucks Dining
16,082 visits/mo 0.2 miles
White Castle Dining
15,897 visits/mo 0.3 miles
Mobil Shops & Services
15,832 visits/mo 0.0 miles

Demographics for 11375, NY

72,851
Population
35,415
Households
2.1
Avg Household Size
43
Median Age
61%
College-Educated
93%
High-School Grad
2.4 sq mi
ZIP Area
30,355
Density / Sq Mi
$104,319
Median Household Income
$75,149
Median Earnings
$2,126
Median Rent
$572,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established operation includes furniture, kitchen equipment, and fixtures.
Where is this conventional restaurant located?
The property is located at 111-16 Queens Boulevard Forest Hills, 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: Approximately 5,000 square feet of restaurant space; Teppanyaki and sushi bar concepts; Operating history of over 21 years
More about this property
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