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Established Restaurant with Full Gas Kitchen
New
For Sale
$168,888

4517 28th Ave, Astoria, NY 11103

Business and asset sale with basement space supporting storage and restaurant operations.

Property SizeContact for details
Days on Market3

Property Features for 4517 28th Ave

General Information

Standard status Active
Property subtype Business Opportunity

Additional Details

Business Included Yes

Building Details

Year Built 1928
Listing Agency: Loyaltty Inc
Listed By: Royer I. Silva
Source: Wesellhomes
Added: Sep 21 Last Checked: Sep 22 at 9:43PM

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 Loyaltty Inc

Investment Insights

Based on property information with market context.

This established restaurant and bar is offered as a business and asset sale, without the underlying real estate. The premises include a full gas kitchen and a full basement used for storage and operations. A full liquor license is in place, with service permitted until 4:00 AM subject to applicable approvals.

The business occupies 45-17 28th Avenue in Astoria within a residential and commercial neighborhood described as having strong pedestrian activity and visibility. Approximately nine years remain on the lease. Showings are available by appointment only, and employees should not be approached directly.

Key Highlights

  • Full gas kitchen
  • Full basement for storage and operations
  • Full liquor license with service permitted until 4:00 AM, subject to applicable approvals

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Parking Lot & Garage Nursing Home Hotel & Motel Clothing & Fashion Store Daycare Center

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

4,766
Businesses Nearby
112k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 48% Groceries 23% Dining 21% Hotels & Casinos 4%
C-Town Supermarkets Groceries
14,284 visits/mo 0.3 miles
BP Shops & Services
11,847 visits/mo 0.3 miles
Key Food Groceries
11,032 visits/mo 0.2 miles
Mobil Shops & Services
10,357 visits/mo 0.4 miles
Dunkin' Donuts Dining
9,422 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Business and asset sale with basement space supporting storage and restaurant operations.
Where is this conventional restaurant located?
The property is located at 4517 28th Ave Astoria, NY.
What is the asking price?
The asking price for this property is $168,888.
What are key features of this property?
This property features: Full gas kitchen; Full basement for storage and operations; Full liquor license with service permitted until 4:00 AM, subject to applicable approvals
More about this property
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