Turnkey Restaurant with Basement
For Sale
$248,000
2308 44th Drive, Long Island City, NY 11101
Newly renovated, fully equipped restaurant with modern bar setup and a basement bar, plus an outdoor backyard area.
Property Size2,420 SF
Price / SF$102.48
Days on Market146
Property Features for 2308 44th Drive
General Information
Standard status
Active
Size
2,420 SF
Property subtype
Commercial
Additional Details
Furnished
Yes
Business Included
Yes
Liquor License
Yes
Building Details
Year Built
1910
Listing Agency:
E REALTY INTERNATIONAL CORP
Listed By:
YANAN EILL · License #984506
(516) 493-5363
Source:
Corcoran
Added: Apr 13
Changed: Sep 4
Last Checked: Sep 5 at 8:34AM
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 E REALTY INTERNATIONAL CORP
Investment Insights
Based on property information with market context.
This for-sale restaurant offering is newly renovated and turnkey, with a fully equipped kitchen and modern bar setup. The layout includes a stylish basement bar in addition to the main dining space. There is also an additional backyard area of approximately 1,000 square feet for outdoor dining or private events.
The business operates as a dual concept, serving daytime coffee with brunch and light bites and transitioning to nighttime cocktails and elevated casual dining. The sale includes a full liquor license with a hard liquor permit included, and the operator reports annual revenue of over $1.3 million.
Located in the heart of Long Island City’s commercial district, the space is described as being just steps from the E, F, and 7 subway lines and surrounded by upscale residential developments, creative offices, and popular dining corridors. An option is available to retain existing management and staff to support an easier ownership transition.
The business operates as a dual concept, serving daytime coffee with brunch and light bites and transitioning to nighttime cocktails and elevated casual dining. The sale includes a full liquor license with a hard liquor permit included, and the operator reports annual revenue of over $1.3 million.
Located in the heart of Long Island City’s commercial district, the space is described as being just steps from the E, F, and 7 subway lines and surrounded by upscale residential developments, creative offices, and popular dining corridors. An option is available to retain existing management and staff to support an easier ownership transition.
Key Highlights
- Newly renovated restaurant with a fully equipped kitchen and modern bar setup, plus a basement bar
- Approx. 2,420 sq ft total area, including the basement bar space
- Additional approx. 1,000 sq ft backyard for outdoor dining or private events
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
6,463
Businesses Nearby
108k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 42%
Dining 23%
Shops & Services 19%
Hotels & Casinos 16%
Key Food
Groceries
45,409 visits/mo
0.2 miles
BP
Shops & Services
9,895 visits/mo
0.3 miles
Dunkin' Donuts
Dining
9,306 visits/mo
0.4 miles
Courtyard Long Island City/New York Manhattan View
Hotels & Casinos
8,598 visits/mo
0.4 miles
Dunkin' Donuts
Dining
7,858 visits/mo
0.2 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
Questions? Ask Rey
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- Black Press Coffee — 5022 23rd St, Long Island City, NY 11101
- Papillon Bakery & Cafe — 30-30 47th Ave, Long Island City, NY 11101
Frequently Asked Questions
What type of property is this?
Coffee shop - Newly renovated, fully equipped restaurant with modern bar setup and a basement bar, plus an outdoor backyard area.
Where is this coffee shop located?
The property is located at 2308 44th Drive Long Island City, NY.
What is the asking price?
The asking price for this property is $248,000.
What are key features of this property?
This property features: Newly renovated restaurant with a fully equipped kitchen and modern bar setup, plus a basement bar; Approx. 2,420 sq ft total area, including the basement bar space; Additional approx. 1,000 sq ft backyard for outdoor dining or private events
