Renovated Conventional
For Sale
Contact for pricing
41-23 Union Street, New York, NY 11355
Restaurant business with an updated interior and basement support space.
Property SizeContact for details
Days on Market142
Property Features for 41-23 Union Street
General Information
Standard status
Active
Property subtype
Business for Sale, Retail
Additional Details
Business Included
Yes
Listing Agency:
P R O Links Realty Inc
(646) 920-8373
Listed By:
Xiaojia Sun
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 29 at 1:42PM
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 P R O Links Realty Inc
Investment Insights
Based on property information with market context.
This conventional restaurant business is offered with an approximately 700 SF ground-floor space and an additional 400 SF basement. The interior has been fully renovated, providing an updated setting for continued restaurant operations and associated storage or support functions.
The business is positioned at 41-23 Union Street near Union St/Barclay Ave in Flushing. A bus stop is located at the storefront, and the property is surrounded by new residential and office buildings. The existing lease has 5 years remaining, plus a 5-year option, with a 3% annual increase. The offering is for the restaurant business rather than the underlying real estate.
The business is positioned at 41-23 Union Street near Union St/Barclay Ave in Flushing. A bus stop is located at the storefront, and the property is surrounded by new residential and office buildings. The existing lease has 5 years remaining, plus a 5-year option, with a 3% annual increase. The offering is for the restaurant business rather than the underlying real estate.
Key Highlights
- Approximately 700 SF restaurant space plus a 400 SF basement
- Fully renovated interior
- Bus stop located at the door
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,813
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 79%
Dining 11%
Electronics 10%
Good Fortune Supermarket
Groceries
30,589 visits/mo
0.2 miles
Cricket Wireless Authorized Retailer
Electronics
3,813 visits/mo
0.2 miles
Carvel Ice Cream
Dining
2,807 visits/mo
0.4 miles
Papa John's Pizza
Dining
1,341 visits/mo
0.5 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
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Similar Off Market Nearby
- Sea & Sky Feast Buffet 海天盛宴 — 133-38 Sanford Ave, Flushing, NY 11355
- East Buffet — 4207 Main St, Queens, NY 11355
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant business with an updated interior and basement support space.
Where is this conventional restaurant located?
The property is located at 41-23 Union Street New York, NY.
What are key features of this property?
This property features: Approximately 700 SF restaurant space plus a 400 SF basement; Fully renovated interior; Bus stop located at the door
