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Turnkey Restaurant Space in Astoria
For Sale
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37-12 31 Ave Astoria NY 11103, Queens, NY 11103

Fully equipped restaurant space for sale in prime Astoria location.

Property Size2,000 SF
Price / SF$62.50
Days on Market309

Property Features for 37-12 31 Ave Astoria NY 11103

General Information

Standard status Active
Size 2,000 SF
Property subtype Business for Sale
Listing Agency: Kalmon Dolgin Affilliates, Inc.
Listed By: Jerome Vidy · License #104011301096
Source: Crexi
Added: Oct 18, 2025 Changed: Aug 15 Last Checked: Aug 22 at 1:04PM

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 Kalmon Dolgin Affilliates, Inc.

Investment Insights

Based on property information with market context.

For sale is a fully equipped, turnkey restaurant space located at 37-12 31st Ave, Astoria, Queens, NY 11103. Currently configured as a Japanese restaurant, the 2,000 SF space can be adapted to suit a variety of culinary concepts. The space features 1,500 SF of dining space and a 500 SF basement. The property is situated at the base of a luxury condo with foot traffic and direct access to subway and bus lines. It benefits from a built-in customer base in a bustling dining destination. The property has an active beer and wine license. The monthly overhead is $7,600.

Key Highlights

  • Prime Astoria location with high foot traffic and direct access to subway and bus lines.
  • Move‑in ready, fully equipped restaurant space (1,500 SF dining/kitchen + 500 SF basement) in impeccable condition.
  • Active Beer & Wine License allows for immediate revenue generation.

Property Analytics

Current Use

Koyo Restaurant

Suggested Use

Top Pick Law Firm Parking Lot & Garage Nursing Home Clothing & Fashion Store Pet Grooming Service Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8,159
Businesses Nearby
238k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 36% Groceries 29% Shops & Services 27% Electronics 4%
McDonald's Dining
28,219 visits/mo 0.3 miles
Key Food Supermarket Groceries
20,925 visits/mo 0.3 miles
Starbucks Dining
20,474 visits/mo 0.2 miles
Las Margaritas Dining
14,548 visits/mo 0.3 miles
C-Town Supermarkets Groceries
14,284 visits/mo 0.4 miles

Demographics for 11103, NY

37,362
Population
18,833
Households
2
Avg Household Size
36
Median Age
52%
College-Educated
89%
High-School Grad
0.7 sq mi
ZIP Area
53,374
Density / Sq Mi
$92,787
Median Household Income
$59,050
Median Earnings
$2,120
Median Rent
$1,003,500
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
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Similar Off Market Nearby

  • Just Health Inc 4603 Broadway, Astoria, NY 11103
  • Point Brazil 3801 31st Ave, Queens, NY 11103

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully equipped restaurant space for sale in prime Astoria location.
Where is this conventional restaurant located?
The property is located at 37-12 31 Ave Astoria NY 11103 Queens, NY.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Prime Astoria location with high foot traffic and direct access to subway and bus lines.; Move‑in ready, fully equipped restaurant space (1,500 SF dining/kitchen + 500 SF basement) in impeccable condition.; Active Beer & Wine License allows for immediate revenue generation.
More about this property
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