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    24-26 47Th St Queens, NY 11103

    Sponsored
    For Lease
    Contact for pricing

    200 sq ft Ghost Kitchen, Prime Location

    Lot size:
    200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 200-square-foot commercial kitchen space in Queens, NY, presents a fantastic opportunity for food entrepreneurs. Located at 24-26 47th St, zip code 11103, this single-tenant property is classified as a Class B retail space, specifically designed as a restaurant. Ideal for a variety of food-related businesses, including ghost kitchens, catering companies, food trucks, or startups, this turnkey solution offers significant cost savings and operational efficiency. The space is perfect for operators seeking to expand their business quickly and affordably, minimizing overhead and staffing needs. Situated in a high-demand delivery area within Queens County, this location offers excellent potential for maximizing profit margins. The property's compact size makes it an attractive option for those seeking a low-risk entry point into the food service industry. This is a rare opportunity to establish a thriving food business in a prime location with minimal upfront investment. The address is easily accessible and well-suited for efficient food preparation and delivery operations. This fully equipped kitchen is ready for immediate occupancy.

    Property Features for 24-26 47Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    200 SF
    Class
    B

    Unit(s) available at that property

    Space
    Available Space
    Size
    200 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Wok Box Caterer Lil Cup Bakery Bakery L o T ... American Restaurant Patisserie Lala Bakery Zesty teriyaki Japanese Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.90488
    Latitude
    40.767306

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    FAQs

    What type of property is this?
    Restaurant - 200 sq ft Ghost Kitchen, Prime Location
    Where is this restaurant located?
    The property is located at 24-26 47Th St Queens, NY.
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    Queens, NY 11103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24-26 47Th St Queens, NY 11103
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