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East Elmhurst Restaurant and Bar
For Sale
$250,000

8811 31 Ave, Queens, NY 11369

Restaurant and bar in prime East Elmhurst location.

Property Size2,000 SF
Days on Market142

Property Features for 8811 31 Ave

General Information

Standard status Active
Size 2,000 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $3,600

Building Details

Building Size 2,000 SF
Listing Agency: Telemundo Realty
Listed By: Gladys Ramirez · License #31RA0597323
Source: Elliman
Added: Apr 12 Changed: Aug 21 Last Checked: Aug 30 at 8:50PM

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 Telemundo Realty

Investment Insights

Based on property information with market context.

A restaurant and bar is available for sale in a prime location in East Elmhurst. The establishment features a comfortable environment and setup. The location has a walk score of 89, indicating it is very walkable, a bike score of 70, indicating it is very bikeable, and a transit score of 85, indicating excellent transit options.

Key Highlights

  • Prime location in East Elmhurst
  • Restaurant/bar setup is ready for immediate operation and revenue generation
  • Excellent Transit Score (85)

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Law Firm Parking Lot & Garage Nursing Home Hotel & Motel (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

4,437
Businesses Nearby
477k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 43% Home Improvements & Furnishings 20% Dining 16% Apparel 14%
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 0.4 miles
Dollar Tree Shops & Services
46,718 visits/mo 0.4 miles
McDonald's Dining
39,873 visits/mo 0.3 miles

Demographics for 11369, NY

40,805
Population
13,893
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
79%
High-School Grad
1.1 sq mi
ZIP Area
37,095
Density / Sq Mi
$80,577
Median Household Income
$40,089
Median Earnings
$1,983
Median Rent
$734,900
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Bar & Pub - Restaurant and bar in prime East Elmhurst location.
Where is this bar & pub located?
The property is located at 8811 31 Ave Queens, NY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Prime location in East Elmhurst; Restaurant/bar setup is ready for immediate operation and revenue generation; Excellent Transit Score (85)
More about this property
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