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Two-Unit Corner Restaurant Building
For Sale
Contact for pricing
Pending

32-01 47th Ave, Queens, NY 11101

Two-unit corner restaurant building with 10-foot ceilings, new LED lighting, and an accessible ramp and bathroom.

Property Size5,288 SF
Days on Market112

Property Features for 32-01 47th Ave

General Information

Standard status Pending
Size 5,288 SF
Total Parking Spaces 6
Property subtype Retail
Zoning M1-4

Warehouse & Industrial

Clear Height 10 ft
Heavy Power Yes

Amenities

signage
LED lighting
accessible ramp
accessible bathroom
central air conditioning
Listing Agency: All Island Estates Realty Corporation
Listed By: Matthew Shane · License #NY 10311207810
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Jul 30 at 3:21PM

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 All Island Estates Realty Corporation

Investment Insights

Based on property information with market context.

This two-unit corner restaurant building offers high 10’ ceilings, all-new LED lighting, and 3-phase power. The property includes an accessible ramp and bathroom, along with CAC and parking for 6 vehicles. The current restaurant has been family owned and operating in this location for 35 years.

Located in the heart of Long Island City on the corner of Van Dam Street and 47th Avenue, the building is minutes from Queens Plaza. Area neighbors include Starbucks, Capital One Bank, major retailers and consumer services such as Home Depot, Staples, Marshall’s, Party City, Old Navy, P.C. Richard & Son, and other food and convenience operators including Dunkin’, CVS, Panera Bread, Trader Joe’s, and McDonald’s.

Strong M1-4 zoning supports flexible future use. The entire building can be delivered vacant if needed, making it well-suited for investors, developers, and end-users seeking an adaptable restaurant building configuration.

Key Highlights

  • Two‑unit corner restaurant building for sale with 10’ ceilings
  • All‑new LED lighting and 3‑phase power
  • Accessible ramp and accessible bathroom

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Nursing Home Butcher Adult Day Care Tanning Salon Pet Grooming Service (Bike/Boat/Book/etc) Store

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

Lease Details

10 ft
Clear height
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

4,949
Businesses Nearby
172k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 50% Dining 41% Hotels & Casinos 9%
McDonald's Dining
44,795 visits/mo 0.4 miles
Speedway Shops & Services
20,004 visits/mo 0.5 miles
Dollar Tree Shops & Services
16,009 visits/mo 0.5 miles
BP Shops & Services
12,177 visits/mo 0.3 miles
BP Shops & Services
12,034 visits/mo 0.4 miles

Demographics for 11101, NY

48,867
Population
27,093
Households
1.8
Avg Household Size
33
Median Age
65%
College-Educated
90%
High-School Grad
2.6 sq mi
ZIP Area
18,795
Density / Sq Mi
$116,807
Median Household Income
$83,892
Median Earnings
$2,740
Median Rent
$995,500
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two-unit corner restaurant building with 10-foot ceilings, new LED lighting, and an accessible ramp and bathroom.
Where is this conventional restaurant located?
The property is located at 32-01 47th Ave Queens, NY.
What are key features of this property?
This property features: Two‑unit corner restaurant building for sale with 10’ ceilings; All‑new LED lighting and 3‑phase power; Accessible ramp and accessible bathroom
More about this property
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