Property summary
This exceptional Chinese restaurant opportunity is located in the heart of Flushing, Queens, at a prime location just one block from Macy's and Main Street. Boasting a generous 8,000 square feet of space, this newly renovated establishment offers a first floor and basement layout, providing ample room for operations. The property includes five private party rooms and two large rooms equipped for karaoke/KTV entertainment, catering to diverse customer preferences. A fully functional kitchen is situated on both the first floor and in the basement, ensuring efficient food preparation and service. The asking price is $490,000, translating to $61.25 per square foot. This turnkey business presents a unique chance to acquire a well-established and profitable restaurant in a high-traffic area with excellent accessibility and visibility. The recent renovation ensures modern aesthetics and functionality, minimizing immediate capital expenditure needs. The strategic location near major retail anchors like Macy's guarantees high foot traffic and convenient access for customers. This is an ideal investment for experienced restaurateurs seeking a profitable venture in a vibrant and densely populated neighborhood. The property is zoned for business use only.
Property profile
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6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
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