Turnkey Party Hall and
For Sale
Contact for pricing
5802 37th Avenue, Woodside, NY 11377
Fully equipped, renovated party hall and restaurant business with a 450-guest banquet hall and separate 50-seat dining.
Property Size7,500 SF
Price / SF$113.33
Days on Market60
Property Features for 5802 37th Avenue
General Information
Standard status
Active
Size
7,500 SF
Property subtype
Retail, Land, Business for Sale
Zoning
M1-1
Additional Details
Business Included
Yes
Liquor License
Yes
Building Details
Year Built
1957
Listing Agency:
KUS Realty Premier Inc
Listed By:
Mehdi Hasan
(347) 567-3339
Source:
Crexi
Added: Jul 8
Changed: Aug 31
Last Checked: Aug 31 at 11:52PM
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 KUS Realty Premier Inc
Investment Insights
Based on property information with market context.
This turnkey, fully renovated party hall and restaurant business is offered for sale and designed for high-volume hospitality operations. The venue includes a spacious banquet hall that accommodates up to 450 guests, along with a separate 50-seat restaurant. The commercial kitchen is fully equipped with professional-grade equipment, including two walk-in refrigerators, multiple commercial gas ranges, deep fryers, a flat-top grill, a tandoor oven, an automatic commercial dishwasher, and refrigerated salad preparation stations with assembly lines.
The offering also includes a liquor license and valet parking. Operational continuity is supported by a 10-year lease included with the business.
The layout supports both event-style banqueting and seated dining, with dining and banquet seating sized for up to 450 guests.
The offering also includes a liquor license and valet parking. Operational continuity is supported by a 10-year lease included with the business.
The layout supports both event-style banqueting and seated dining, with dining and banquet seating sized for up to 450 guests.
Key Highlights
- Fully renovated, turnkey party hall and restaurant business for sale with a 10‑year lease.
- Banquet hall accommodates up to 450 guests plus a separate 50‑seat restaurant.
- Commercial kitchen includes two walk‑in refrigerators, four gas ranges, two deep fryers, a tandoor oven, and a 30‑inch flat‑top grill.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
4,322
Businesses Nearby
532k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Dining 26%
Home Improvements & Furnishings 18%
Apparel 12%
The Home Depot
Home Improvements & Furnishings
93,325 visits/mo
0.4 miles
Marshalls
Apparel
66,127 visits/mo
0.5 miles
Michaels
Shops & Services
48,052 visits/mo
0.2 miles
Dollar Tree
Shops & Services
46,718 visits/mo
0.3 miles
McDonald's
Dining
39,873 visits/mo
0.2 miles
Demographics for 11377, NY
91,512
Population
34,928
Households
2.6
Avg Household Size
39
Median Age
33%
College-Educated
82%
High-School Grad
2.5 sq mi
ZIP Area
36,605
Density / Sq Mi
$73,292
Median Household Income
$45,978
Median Earnings
$1,802
Median Rent
$670,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped, renovated party hall and restaurant business with a 450-guest banquet hall and separate 50-seat dining.
Where is this conventional restaurant located?
The property is located at 5802 37th Avenue Woodside, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Fully renovated, turnkey party hall and restaurant business for sale with a 10‑year lease.; Banquet hall accommodates up to 450 guests plus a separate 50‑seat restaurant.; Commercial kitchen includes two walk‑in refrigerators, four gas ranges, two deep fryers, a tandoor oven, and a 30‑inch flat‑top grill.
