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    OFF-MARKET
    Retail properties & Spaces

    42-60 Crescent St, Queens, NY 11101

    Property ID
    Property summary
    AI-generated overview

    This newly renovated restaurant in Long Island City, Queens offers a fantastic turnkey opportunity for a discerning restaurateur. Located at 42-60 Crescent Street, this single-tenancy space boasts a prime corner location with the added benefit of outdoor seating, perfect for maximizing capacity and creating a vibrant atmosphere. The kitchen is fully equipped and properly vented, ensuring a smooth and efficient operation. The property is conveniently situated near multiple subway lines, including the E, F, M, R, 7, G, N, and W trains, providing exceptional accessibility for both staff and customers. This ensures a high volume of foot traffic and easy commuting options. The asking price includes key money, the details of which are available upon request. This exceptional restaurant space presents a rare opportunity to acquire a fully operational and well-located business in a thriving neighborhood. The property is situated in Queens County, New York, with a zip code of 11101. The property type is retail and restaurant, specifically categorized as a restaurant. This is a single-tenancy space, ideal for an owner-operator or a small restaurant group. Serious inquiries only.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Crescent Hills Cleaners (Bike/Boat/Book/etc) Store
    • Factory House Condominium Complex
    • Softbite | Soufflé Pancakes Cafe & Coffee Shop
    • Chercher Floral (Bike/Boat/Book/etc) Store Florist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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