Coffee Shop with Tea and
133-51 Roosevelt Avenue, New York, NY 11354
For Sale
Contact for pricing
An established tea and snack business includes maintained equipment that is in working order.
Property Size450 SF
Price / SF$40
Days on Market28
Property Features for 133-51 Roosevelt Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Business Included
Equipment Included
Listing Agency:
Ashford Homes LLC
Listed By:
JingHua (Gary) Xue
(929) 364-1301
Source:
Prideestates
Added: Oct 12
Changed: Nov 6
Last Checked: Oct 19 at 6:30AM
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 Ashford Homes LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This established shop serves fruit teas, bubble teas, and snacks. Its equipment is maintained and operational, supporting continued use as a tea and snack business.
The lease has one year remaining and provides for 3% annual increases.
The lease has one year remaining and provides for 3% annual increases.
Key Highlights
- Established fruit tea, bubble tea, and snack business
- Equipment is maintained and in working order
- One year remains on the lease, with 3% annual increases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,408
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,568,160
$1.6M
Cap Rate 7%
$1,120,114
$1.1M
Cap Rate 9%
$871,200
$871.2K
Market Conditions
NOI Build-Up for 450 SF
Gross rent
$118.8K $264.00/SF
− Vacancy
−$14.3K −$31.68/SF
EGI
$104.5K $232.32/SF
− OpEx
−$26.1K −$58.08/SF
NOI
$78.4K $174.24/SF
Area
New York, NY
Vacancy
12.00%
Lease Rate
$264.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,568,160
Cap Rate 7%
$1,120,114
Cap Rate 9%
$871,200
Alternative Uses
Best Use
Specialty Retail
$1.12M
$980.1K – $1.31M
NOI $78,408 @ 7.0% cap · market cap 435.60%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
7,334
Businesses Nearby
335k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 43%
Dining 33%
Shops & Services 15%
Hotels & Casinos 8%
Stop & Shop
Groceries
58,603 visits/mo
0.4 miles
H Mart
Groceries
42,194 visits/mo
0.3 miles
H Mart
Groceries
42,072 visits/mo
0.5 miles
McDonald's
Dining
31,361 visits/mo
0.4 miles
Shell
Shops & Services
21,073 visits/mo
0.3 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
Similar Off Market Nearby
- Starbucks — 40-24 college point blvd k1, flushing, ny 11354
- Gong Cha — 40-24 College Point Blvd, Queens, NY 11354
- Henna and francis — 40-24 College Point Blvd, Queens, NY 11354
- Happy Lemon — 133-35 Roosevelt Ave, Queens, NY 11354
- Starbucks — 40-24 College Point Blvd, Queens, NY 11354
Frequently Asked Questions
What type of property is this?
Coffee shop - An established tea and snack business includes maintained equipment that is in working order.
Where is this coffee shop located?
The property is located at 133-51 Roosevelt Avenue New York, NY.
What are key features of this property?
This property features: Established fruit tea, bubble tea, and snack business; Equipment is maintained and in working order; One year remains on the lease, with 3% annual increases
