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Mixed-Use Property with Restaurant
For Lease
$2,450,000

77-02 164th Street, Fresh Meadows, NY 11366

Corner property combines a fully equipped restaurant, residential or office space, private outdoor area, and rear parking.

Space Size2,500 SF
Days on Market21

Property Features for 77-02 164th Street

General Information

Standard status Active
Size 2,500 SF
Net Rentable 2,500 SF
Property subtype Commercial

Space & Availability

Available Space 2,500 SF
Contiguous Space 2,500 SF
Floor Ground
Space Use Restaurant

Additional Details

Road Access Yes
Equipment Included Yes

Taxes and HOA fees

Annual Taxes $31,828

Building Details

Stories 3
Tenancy Multi
Listing Agency: Goldstone N Y Realty LLC
Listed By: Yunzhong A. Sun (goldhome888@yahoo.com)
Source: Iaquintarealestate
Added: Aug 11 Changed: Aug 31 Last Checked: Aug 31 at 2:08AM

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 Goldstone N Y Realty LLC

Investment Insights

Based on property information with market context.

This mixed-use property combines a ground-floor commercial component with upper-level residential or office space. The approximately 2,500 SF first floor is configured as a fully equipped restaurant and includes rear parking plus an additional ~750 SF garage. The upper levels provide flexible residential or office accommodations, with four bedrooms, 1.5 bathrooms, and a large private terrace of approximately 1,000 SF on the second floor, followed by three bedrooms and one full bathroom on the third floor. The property can be delivered vacant.

Located on a corner along a wide main road, the property has a Q65 bus stop at the corner and access to multiple nearby bus lines. Union Turnpike is three blocks away, with QM1, QM5, QM6, QM7, QM8, QM31, QM35, and QM36 service to Manhattan downtown and midtown.

Key Highlights

  • Approximately 2,500 SF ground‑floor restaurant space
  • Fully equipped restaurant setup with rear parking
  • Additional ~750 SF garage

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Auto Parts Store Building Supply Skin Care Clinic

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

Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

765
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
McDonald's Dining
30,225 visits/mo 0.5 miles

Demographics for 11366, NY

14,430
Population
4,915
Households
2.9
Avg Household Size
41
Median Age
52%
College-Educated
85%
High-School Grad
1.5 sq mi
ZIP Area
9,620
Density / Sq Mi
$117,402
Median Household Income
$58,028
Median Earnings
$2,101
Median Rent
$950,200
Median Home Value

Market

Lease Benchmarks for Fresh Meadows, NY

$48.66 /SF/Yr
Avg Asking Price
$39–$60 /SF/Yr
Price Range
6,102 SF
Avg Space Size

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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner property combines a fully equipped restaurant, residential or office space, private outdoor area, and rear parking.
Where is this mixed-use property located?
The property is located at 77-02 164th Street Fresh Meadows, NY.
What is the lease rate?
The lease rate is $2,450,000.
What are key features of this property?
This property features: Approximately 2,500 SF ground‑floor restaurant space; Fully equipped restaurant setup with rear parking; Additional ~750 SF garage
More about this property
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