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Indian Restaurant and Party Hall
For Sale
$400,000

16922 Hillside Avenue, Jamaica, NY 11432

Business Opportunity, Jamaica, NY

Property SizeContact for details
Lot Size0.05 Acres
Days on Market49

Property Features for 16922 Hillside Avenue

General Information

Property type Residential
Property subtype Retail
Zoning R7X
Rooms Basement
Basement Finished, Full
Standard status Active
APN 09825-0018
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025

Building Details

Year built 1987
Floors in Building 2
Building materials Brick
Listing Agency: Exit Realty Prime
Listed By: Md litu Anam
Added: Jul 13 Changed: Aug 20 Last Checked: Aug 30 at 5:06PM
MLS# 1026133

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This operating Indian restaurant includes a 1,500 sqft first-floor dining and service area together with a 1,500 sqft basement party hall. The sale includes existing inventory and fixtures, with the property conveyed as-is. A 9yrs existing lease is in place, and the current occupancy arrangement requires payment of utilities only.

Located at 16922 Hillside Avenue in Jamaica, the property is near the 169th St Subway station and occupies a brick building constructed in 1987. The site is identified as R7X zoning and includes a basement component. The restaurant and event-hall configuration supports two distinct commercial areas within the same operation.

Key Highlights

  • 1,500 sqft restaurant on the 1st floor
  • 1,500 sqft party hall in the basement
  • Indian restaurant and party hall operation

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Gym & Fitness Center Real Estate Agency Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Pet Grooming Service Restaurant

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

5,197
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11432, NY

65,743
Population
21,618
Households
3
Avg Household Size
39
Median Age
36%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
32,872
Density / Sq Mi
$75,395
Median Household Income
$37,385
Median Earnings
$1,841
Median Rent
$826,100
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?
Conventional restaurant - Operational Indian restaurant with a separate event space, inventory, and fixtures included.
Where is this conventional restaurant located?
The property is located at 16922 Hillside Avenue Jamaica, 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: 1,500 sqft restaurant on the 1st floor; 1,500 sqft party hall in the basement; Indian restaurant and party hall operation
More about this property
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