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Turnkey Business in Prime Location
For Sale
$400,000

138-12 Northern Blvd, Queens, NY 11354

Established business with beer and wine license for sale.

Property Size4,500 SF
Price / SF$88.89
Days on Market164

Property Features for 138-12 Northern Blvd

General Information

Standard status Active
Size 4,500 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $18,598

Building Details

Building Size 4,500 SF
Listing Agency: Homix Realty Inc
Listed By: Si Zhang
Source: Elliman
Added: Mar 11 Changed: Aug 14 Last Checked: Aug 21 at 12:23PM

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 Homix Realty Inc

Investment Insights

Based on property information with market context.

This is a commercial business opportunity featuring 4,500 square feet of space in a prime location. The monthly rent is $18,598.68, which includes property tax and management fees. Electricity costs are approximately $2,000 per month. The current lease has 8.5 years remaining, with a 5+5 year term. The business generates between $100,000 and $120,000 in monthly revenue, with monthly expenses ranging from $60,000 to $70,000. The sale includes a Beer and Wine License. This is an opportunity to acquire a profitable and well-established business.

Key Highlights

  • Profitable business with $100,000–$120,000 monthly revenue.
  • Prime location in a desirable area.
  • Turnkey commercial business ready for immediate operation.

Property Analytics

Current Use

水影国际画院 美术【高考】培训/绘画班/画画班 Vocational School Shui Ying Art ... Vocational School Honing Adult Day ... Adult Day Care

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Auto Parts Store Garden Center

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

Location Intelligence

Trade Area within ½ mile

6,666
Businesses Nearby
127k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 40% Hotels & Casinos 23% Dining 21% Groceries 16%
Key Food Supermarkets Groceries
20,650 visits/mo 0.5 miles
Bank of America Shops & Services
12,249 visits/mo 0.5 miles
BP Shops & Services
11,939 visits/mo 0.3 miles
Starbucks Dining
11,749 visits/mo 0.4 miles
Dunkin' Donuts Dining
9,306 visits/mo 0.5 miles

Demographics for 11354, NY

61,276
Population
22,979
Households
2.7
Avg Household Size
45
Median Age
33%
College-Educated
79%
High-School Grad
2.2 sq mi
ZIP Area
27,853
Density / Sq Mi
$62,833
Median Household Income
$40,404
Median Earnings
$1,766
Median Rent
$521,000
Median Home Value

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Established business with beer and wine license for sale.
Where is this retail space located?
The property is located at 138-12 Northern Blvd Queens, NY.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Profitable business with $100,000–$120,000 monthly revenue.; Prime location in a desirable area.; Turnkey commercial business ready for immediate operation.
More about this property
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