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Equipped-Kitchen Restaurant Business

157-22 NORTHERN Boulevard, Flushing, NY 11354

For Sale
$158,000

An operating Korean restaurant is offered with a new 10-year lease and a renewal option.

Property SizeContact for details
Days on Market243

Property Features for 157-22 NORTHERN Boulevard

General Information

Standard status Active
Property subtype COMMERCIAL

Additional Details

Business Included Yes
Equipment Included Yes
Currently Operating Yes
Listing Agency: Skylux Realty Inc
Listed By: Fei Guo · License #10401366341
Source: Thedecurtisgroup
Added: Mar 11 Changed: Nov 7 Last Checked: Nov 7 at 6:35PM

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 Skylux Realty Inc

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Investment Insights

Based on property information with market context.

An operating Korean restaurant at 157-22 Northern Boulevard in Flushing includes a fully equipped kitchen. A new 10-year lease with a renewal option is available.

The property is at Northern Boulevard and 158th Street, near the Q28 and Q12 bus routes. Broadway and Murray Hill LIRR stations are a short distance away. Nearby destinations include H Mart, New Age, Queens Library, schools, residential buildings and other businesses.

Key Highlights

  • Operating Korean restaurant with a fully equipped kitchen
  • New 10‑year lease available, with a renewal option
  • At Northern Boulevard and 158th Street in Flushing

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Garden Center Restaurant Grocery & Convenience Store Barber Shop

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

7,334
Businesses Nearby
335k
Monthly Visits Nearby
Under-served
Demand for This Use

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

Average Price Trend$/SF for Conventional restaurants in Queens County, NY

$316 Jul
$456 Aug
$548 Sep
$496 Oct

Properties on Market for Conventional restaurants in Queens County

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • MEAT ME BBQ — 29-18 Union St, Queens, NY 11354

Frequently Asked Questions

What type of property is this?
Conventional restaurant - An operating Korean restaurant is offered with a new 10-year lease and a renewal option.
Where is this conventional restaurant located?
The property is located at 157-22 NORTHERN Boulevard Flushing, NY.
What is the asking price?
The asking price for this property is $158,000.
What are key features of this property?
This property features: Operating Korean restaurant with a fully equipped kitchen; New 10‑year lease available, with a renewal option; At Northern Boulevard and 158th Street in Flushing
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