192-12 Northern Blvd Queens, NY 11358
- Retail properties
- 3,040 SF
Current Use by Public Records
- Retail properties
Property Details for 192-12 Northern Blvd
- Year built
- 1928
- Property size
- 3,040 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Flushing ramen izakaya, located on Northern Boulevard at 192-12, presents a unique investment opportunity. The 3,040 square foot space, built in 1928, sits on a 2,253 square foot lot and boasts a strong track record of success. Currently generating a gross annual income of $500,000, this well-established restaurant (operating for 10 years) benefits from a prime location in a mixed-use area of Queens, New York, with ample parking. The property includes a 1,100 square foot main floor, a 1,100 square foot basement, and a backyard. The current lease is 5+5 years, with a monthly rent of $4,800 and monthly taxes of $342. A three-month security deposit is required. The restaurant is fully equipped and holds a liquor license, offering potential for expansion into sushi or other cuisines. Asking price is $288,000, representing a price per square foot of $94.74. This is an exceptional opportunity to acquire a profitable, established business in a high-demand area. The property is zoned for retail use and is located in zip code 11358, Queens County, New York.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.7889
- Latitude
- 40.7576
