24-26 47Th St Queens, NY 11103
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.