Property profile

138-12 Northern Blvd Queens, NY 11354

OFF-MARKET
Restaurants
Property ID
US63-Q019134
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Property summary

AI-generated overview

Turnkey commercial business in a prime location with 4,500 sq.ft. of space. Monthly rent is $18,598.68 (including property tax and management fees), with electricity around $2,000/month. Lease has 8.5 years remaining (5+5 term). Business generates $100,000–$120,000 monthly revenue, with expenses of $60,000–$70,000. Comes with a Beer and Wine License. Excellent opportunity to acquire a profitable and well-established business in one of the most desirable areas. bikeScore: 68, Bikeable walkScore: 92, Walker's Paradise transitScore: 76, Excellent Transit

Property profile

Verified
Property type Restaurants
UPID US63-Q019134

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Vocational School
  • Vocational School Training Center
  • Adult Day Care

Location

138-12 Northern Blvd Queens, NY 11354
Queens metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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