42-60 Crescent St, Queens, NY 11101
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.
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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.
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Risks
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