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    2301 Steinway St Queens, NY 11105

    For Sale
    $280,000

    Turnkey Mexican restaurant-bar with liquor license for sale in Astoria.

    Lot size:
    0.06 Acres

    Property Features for 2301 Steinway St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1930

    Source: Style And Haus NYC LLC Agent Luis F. Montoya Quintero

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Astoria Restaurant-Bar with Liquor License

    A 1,700 square foot Mexican-style restaurant and bar is available for sale in Astoria, New York. The establishment features a liquor license and offers a festive atmosphere with Mexican cuisine, craft cocktails, and a menu ranging from enchiladas to tacos. The restaurant provides kid-friendly options, free parking, and a cozy setting suitable for family outings and gatherings. It offers brunch, lunch, and dinner menus with service and creative presentations. The restaurant is located on Steinway Street in Astoria and is known for its dishes, cocktails, and weekend DJs. The basement includes two cold storage areas. The lease is for 5 years with a 5-year option, and the rent is $8,700 per month. This property is suitable for restaurants, retail properties, bars, and turnkey restaurant businesses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    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

    Mauzone Kosher Products, Food by Lovie, Mauzone Catering By Celebration, Butcher Bar BBQ, Eat Well with Danielle

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.908543
    Latitude
    40.770438

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Mexican restaurant-bar with liquor license for sale in Astoria.
    Where is this restaurant located?
    The property is located at 2301 Steinway St Queens, NY.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: - Established Mexican restaurant-bar in a prime Astoria location (Steinway Street hotspot).; - Includes a valuable liquor license.; - Sizeable 1,700 SF space with a festive atmosphere.
    (347) 288-0390
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    Queens, NY 11105
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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

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    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
    2301 Steinway St Queens, NY 11105
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