Restaurant with Bakery
40-06 83rd Street Elmhurst, NY 11373
For Sale
$180,000
COMMERCIAL - Elmhurst, NY
Days on Market13
Property Features for 40-06 83rd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Basement
Finished
Appliances
Convection Oven, Dishwasher, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Gas Water Heater
Standard status
Active
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Central Air
Water source
Public
Building Details
Year built
1957
Building materials
Brick
Listing Agency:
Telemundo Realty Corp
(718) 205-3737
Listed By:
Gladys Ramirez · License #31RA0597323
(347) 351-5846
Added: Jul 18
Changed: Jul 21
Last Checked: Jul 30 at 5:06AM
MLS# 1027872
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Investment Insights
Based on property information with market context.
Offered for sale at 40-06 83rd Street in Elmhurst, this established Mexican restaurant with bakery operation is currently generating approximately $10,500 in weekly income, per the seller’s remarks. The property also includes an in-place lease with 6 years remaining, featuring a 3% increase.
The business is positioned in a very busy area with convenient transit access, with the 7 Train and multiple bus lines within steps. It is also described as close to Elmhurst Hospital, banks, shopping centers, and clothing stores.
This listing is presented as a conventional restaurant and bakery use with the benefit of existing operating history and remaining lease term.
The business is positioned in a very busy area with convenient transit access, with the 7 Train and multiple bus lines within steps. It is also described as close to Elmhurst Hospital, banks, shopping centers, and clothing stores.
This listing is presented as a conventional restaurant and bakery use with the benefit of existing operating history and remaining lease term.
Key Highlights
- Authentic Mexican restaurant & bakery with weekly income of approx. $10,500
- 6 years left on the lease with 3% increase
- Built in 1957 with brick construction
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - For sale in Elmhurst: established Mexican restaurant with bakery operation and an in-place lease with 3% increases.
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 $180,000.
What are key features of this property?
This property features: Authentic Mexican restaurant & bakery with weekly income of approx. $10,500; 6 years left on the lease with 3% increase; Built in 1957 with brick construction
