Mexican Restaurant and
For Sale
$179,000
40-06 83rd Street, Elmhurst, NY 11373
Business Opportunity, Elmhurst, NY
Property SizeContact for details
Days on Market93
Property Features for 40-06 83rd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Security features
Security System
Basement
Finished
Appliances
Convection Oven, Dishwasher, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Gas Water Heater
Elementary school
PS 89 Jose Peralta School Of Dreamers
Middle school
Is 73 Frank Sansivieri Intermediate School (The)
High school
Newtown High School
Elementary school district
Queens 24
Middle school district
Queens24
High school district
Queens24
Directions
40 Ave and 83rd Street
Standard status
Active
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1957
Floors in Building
2
Building materials
Brick
Listing Agency:
Telemundo Realty Corp
(718) 205-3737
Listed By:
Gladys Ramirez
(347) 351-5846
Added: Jul 18
Changed: Oct 7
Last Checked: Oct 18 at 3:06PM
MLS# 1027872
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.
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Investment Insights
Based on property information with market context.
This Mexican restaurant and bakery business at 40-06 83rd Street includes a range of kitchen and service equipment: a convection oven, gas oven, stove, microwave, flat grill, charcoal grill, six refrigerators, a walk-in box, three freezers, an ice maker, and a slicer. Dishes and additional supplies are included, along with a POS register. The business has operated for 14 years and offers delivery through Uber Eats and a delivery worker, as well as QR-code service. The lease has six years remaining, with a 3% increase.
The property is in Elmhurst, with the 7 train and Q29 bus line serving the area. Nearby destinations listed include Elmhurst Hospital, banks, shopping centers, schools, restaurants, bars, clothing stores, and a supermarket. LaGuardia Airport is also identified in the surrounding area.
The property is in Elmhurst, with the 7 train and Q29 bus line serving the area. Nearby destinations listed include Elmhurst Hospital, banks, shopping centers, schools, restaurants, bars, clothing stores, and a supermarket. LaGuardia Airport is also identified in the surrounding area.
Key Highlights
- Restaurant and bakery business with 14 years of operating history
- Six years remain on the lease, with a 3% increase
- Equipment includes six refrigerators, three freezers, and a walk‑in box
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,549
Businesses Nearby
237k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Shops & Services 30%
Home Improvements & Furnishings 24%
Groceries 7%
The Home Depot
Home Improvements & Furnishings
52,149 visits/mo
0.5 miles
McDonald's
Dining
37,148 visits/mo
0.3 miles
Burger King
Dining
19,502 visits/mo
0.5 miles
Farm Country of Jackson Heights
Groceries
17,690 visits/mo
0.5 miles
Chase Bank
Shops & Services
16,197 visits/mo
0.5 miles
Demographics for 11373, NY
105,712
Population
34,797
Households
3
Avg Household Size
38
Median Age
30%
College-Educated
75%
High-School Grad
1.5 sq mi
ZIP Area
70,475
Density / Sq Mi
$71,470
Median Household Income
$36,043
Median Earnings
$1,913
Median Rent
$683,200
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The operating business comes with cooking and refrigeration equipment, delivery service, and six years remaining on its lease.
Where is this conventional restaurant located?
The property is located at 40-06 83rd Street Elmhurst, NY.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Restaurant and bakery business with 14 years of operating history; Six years remain on the lease, with a 3% increase; Equipment includes six refrigerators, three freezers, and a walk‑in box
