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Restaurant Business with Bar

2521 Astoria Blvd, Astoria, NY 11102

For Sale
$185,000

The operating business includes a commercial kitchen, walk-in refrigeration, basement storage, and online pickup and delivery options.

Property Size1,440 SF
Price / SF$128.47
Days on Market32

Property Features for 2521 Astoria Blvd

General Information

Standard status Active
Size 1,440 SF
Property subtype Commercial

Additional Details

Business Included Yes
Currently Operating Yes

Building Details

Year Built 1930
Listing Agency: Loyaltty Inc
Listed By: Royer I. Silva · License #10311210589
Source: Searchhomesinlongisland
Added: Oct 8 Changed: Nov 7 Last Checked: Nov 6 at 2:08PM

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 Loyaltty Inc

Rey
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Investment Insights

Based on property information with market context.

This Mexican restaurant and bar business in Astoria, Queens, has more than 15 years of operating history, according to the seller. The space includes booth seating, a separate bar area, a commercial gas kitchen, walk-in refrigeration, and basement storage. Online ordering options include pickup and delivery.

The sale covers the business only; the real estate is excluded. Reported lease terms are five years with a five-year renewal option, subject to review and landlord approval. The seller reports a beer and wine license allowing service until 4:00 AM, subject to verification and applicable approvals.

Key Highlights

  • More than 15 years of operating history, per the seller
  • Booth seating and a dedicated bar area
  • Commercial gas kitchen, walk‑in refrigeration, and basement storage

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

El Rey Restaurant

Suggested Use

Top Pick Law Firm Nursing Home Parking Lot & Garage Home Appliance Store Pet Grooming Service Hotel & Motel

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

5,655
Businesses Nearby
118k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 51% Groceries 22% Office Supplies 15% Shops & Services 12%
Burger King Dining
36,225 visits/mo 0.3 miles
Starbucks Dining
21,319 visits/mo 0.2 miles
Key Food Supermarket Groceries
20,925 visits/mo 0.4 miles
Staples Office Supplies
17,925 visits/mo 0.3 miles
Spectrum Shops & Services
8,410 visits/mo 0.5 miles

Demographics for 11102, NY

37,468
Population
19,431
Households
1.9
Avg Household Size
36
Median Age
58%
College-Educated
90%
High-School Grad
0.7 sq mi
ZIP Area
53,526
Density / Sq Mi
$102,996
Median Household Income
$70,557
Median Earnings
$2,248
Median Rent
$779,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

  • Point Brazil — 3801 31st Ave, Queens, NY 11103

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The operating business includes a commercial kitchen, walk-in refrigeration, basement storage, and online pickup and delivery options.
Where is this conventional restaurant located?
The property is located at 2521 Astoria Blvd Astoria, NY.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: More than 15 years of operating history, per the seller; Booth seating and a dedicated bar area; Commercial gas kitchen, walk‑in refrigeration, and basement storage
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