Turnkey Restaurant in Forest
For Sale
$430,000
111-16 Queens Boulevard, Forest Hills, NY 11375
COMMERCIAL - Forest Hills, NY
Property Size5,000 SF
Lot Size0.37 Acres
Price / SF$86
Days on Market123
Property Features for 111-16 Queens Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
c1-2
Subdivision
Forest Hills
Standard status
Active
Size
5,000 SF
Lot size
0.37 Acres
Building Details
Number of units
1
Flooring type
Concrete
Building materials
Masonry
Roof type
Flat
Listing Agency:
ProBase Real Estate
(718) 210-2727
Listed By:
Chun Hung (Leo) Tse · License #CT7740
(718) 210-2727
Added: Apr 8
Changed: Aug 4
Last Checked: Aug 8 at 8:06PM
MLS# 500314
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Investment Insights
Based on property information with market context.
This is a well-established restaurant located in Forest Hills, Queens. The turnkey business features approximately 5,000 square feet of space with excellent visibility and strong foot traffic. The restaurant has been successfully operating for over 21 years and is ready for a seamless transition as the owner retires. The sale includes all furniture, kitchen equipment, and fixtures, plus an established customer base and strong neighborhood reputation. The property is zoned C1-2 and sits on a lot of approximately 0.3719 acres.
Key Highlights
- Profitable, turnkey Japanese restaurant (Teppanyaki & Sushi Bar) operating successfully for over 21 years.
- Prime Forest Hills location with excellent visibility and strong foot traffic.
- Includes all furniture, kitchen equipment, and fixtures.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
5,472
Businesses Nearby
252k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 19%
Apparel 13%
Beauty & Spa 12%
Citibank
Shops & Services
32,744 visits/mo
0.1 miles
Sephora
Beauty & Spa
20,831 visits/mo
0.2 miles
Paris Baguette
Dining
19,621 visits/mo
0.1 miles
TD Bank
Shops & Services
16,948 visits/mo
0.1 miles
Key Food
Groceries
15,703 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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Profitable, established Japanese restaurant for sale in prime location.
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 $430,000.
What are key features of this property?
This property features: Profitable, turnkey Japanese restaurant (Teppanyaki & Sushi Bar) operating successfully for over 21 years.; Prime Forest Hills location with excellent visibility and strong foot traffic.; Includes all furniture, kitchen equipment, and fixtures.
