Turnkey Japanese Restaurant in Forest
For Sale
$430,000
111-16 Queens Blvd, Queens, NY 11375
Profitable, established restaurant for sale in prime Forest Hills location.
Property Size5,000 SF
Price / SF$86
Days on Market143
Property Features for 111-16 Queens Blvd
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Commercial
Building Details
Building Size
5,000 SF
Listing Agency:
ProBase Real Estate
Listed By:
Xi Xian (Johnny) Pan · License #XXP4124
(718) 210-2727
Source:
Elliman
Added: Apr 15
Changed: Aug 21
Last Checked: Sep 1 at 9:34PM
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.
This is a well-established, high-performing restaurant located in Forest Hills, a vibrant and rapidly growing neighborhood in Queens. The turnkey business features approximately 5,000 sq ft of space, offering excellent visibility and strong foot traffic. The restaurant has been successfully operating for over 21 years. The sale includes all furniture, kitchen equipment, and fixtures, along with an established customer base and a strong neighborhood reputation. This Japanese restaurant includes both Teppanyaki and a sushi bar. The location has a bike score of 65, indicating it is bikeable, a walk score of 78, indicating it is very walkable, and a transit score of 99, indicating it is a rider's paradise. This is an opportunity to acquire a profitable, turnkey operation in a prime location, ideal for an owner-operator or investor seeking immediate cash flow with significant upside potential, as the owner retires.
Key Highlights
- Profitable, turnkey Japanese restaurant (Teppanyaki & Sushi Bar).
- Prime Forest Hills location with excellent visibility and strong foot traffic.
- Established business operating successfully for over 21 years.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,632
Businesses Nearby
186k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 33%
Hotels & Casinos 9%
McDonald's
Dining
44,795 visits/mo
0.3 miles
Speedway
Shops & Services
20,004 visits/mo
0.3 miles
Dollar Tree
Shops & Services
16,009 visits/mo
0.3 miles
TD Bank
Shops & Services
12,278 visits/mo
0.4 miles
BP
Shops & Services
12,177 visits/mo
0.5 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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Profitable, established restaurant for sale in prime Forest Hills location.
Where is this conventional restaurant located?
The property is located at 111-16 Queens Blvd Queens, NY.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Profitable, turnkey Japanese restaurant (Teppanyaki & Sushi Bar).; Prime Forest Hills location with excellent visibility and strong foot traffic.; Established business operating successfully for over 21 years.
