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Equipped Korean Restaurant
For Sale
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41-05 150th, New York, NY 11355

Existing dining operation includes equipment and an approximately five-year lease term.

Property SizeContact for details
Days on Market131

Property Features for 41-05 150th

General Information

Standard status Active
Property subtype Business for Sale, Retail

Additional Details

Business Included Yes
Equipment Included Yes
Listing Agency: E Realty International Corp
Listed By: Emily Xu · License #NY
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 29 at 8:29PM

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 Korean restaurant is an operating food-service business with equipment included in the transaction. The premises contain a dining area described as clean and well maintained, supporting continued restaurant use without removing the existing operating setup.

The current lease has approximately 5 years remaining, providing a defined occupancy period for the next owner. The restaurant has been operating for 8 years, and the included equipment may support continuity of the existing business or a transition to new ownership.

Key Highlights

  • Korean restaurant operating for 8 years
  • Equipment included with the restaurant business
  • Approximately 5 years remaining on the current lease

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Bed & Breakfast Pet Grooming Service

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

4,128
Businesses Nearby
124k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 40% Shops & Services 31% Groceries 23% Electronics 3%
H Mart Groceries
28,749 visits/mo 0.3 miles
Paris Baguette Dining
18,182 visits/mo 0.3 miles
AutoZone Shops & Services
15,287 visits/mo 0.4 miles
IHOP Dining
13,109 visits/mo 0.4 miles
KFC Dining
10,672 visits/mo 0.4 miles

Demographics for 11355, NY

89,465
Population
32,049
Households
2.8
Avg Household Size
44
Median Age
24%
College-Educated
70%
High-School Grad
1.7 sq mi
ZIP Area
52,626
Density / Sq Mi
$53,700
Median Household Income
$31,166
Median Earnings
$1,664
Median Rent
$711,500
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
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Similar Off Market Nearby

  • East Buffet 4207 Main St, Queens, NY 11355
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing dining operation includes equipment and an approximately five-year lease term.
Where is this conventional restaurant located?
The property is located at 41-05 150th New York, NY.
What are key features of this property?
This property features: Korean restaurant operating for 8 years; Equipment included with the restaurant business; Approximately 5 years remaining on the current lease
(929) 577-2685 Call to check price and availability
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