25-45 Steinway St Queens, NY 11103
This exceptional turnkey restaurant and boba tea cafe opportunity is located in the vibrant Astoria, Queens neighborhood at 25-45 Steinway Street, NY 11103. The 1,300 square foot space, situated on a 1,933 square foot lot, features a newly renovated interior with tile floors, stainless steel appliances including a full-size grill with a large hood, and a seating capacity for 40 patrons. The property includes one bathroom and two split A/C units for climate control. A full, semi-finished basement provides ample storage space, and there is also access to a backyard. The 8-10 foot ceilings add to the spacious feel. This prime location offers immediate access to a wealth of amenities, including numerous businesses along Steinway Street and 30th Avenue, several schools (P.S. 070Q, P.S. 171, I.S. 010, I.S. 126Q), and several parks (Astoria Heights Playground, Athens Square, Columbus Square, Hoyt Playground). Excellent transportation options are readily available, with easy access to multiple bus routes (Q18, Q19, Q69, Q100, Q101, Q102, and M60-SBS), the N and W train station at 30th Avenue, and major roadways including Grand Central Parkway and the Brooklyn Queens Expressway. The asking price for this exceptional property is $230,000. This is a rare opportunity to acquire a thriving business in a highly desirable location.
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Mr. Chang Halal Chinese Restaurant
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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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.