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    OFF-MARKET
    Specialty properties

    160-24 Willets Pt Blvd Restaurant, Whitestone, NY 11357

    3,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional opportunity presents a thriving restaurant business for sale in Whitestone, Queens, New York. Located at 160-24 Willets Point Blvd., this turnkey operation boasts approximately 72 indoor seats and the potential for additional outdoor seating during summer months. The current lease has eight years remaining, extending to 2034, at a monthly rent of $2900. The property itself is not included in the sale; this offering focuses solely on the established business. The restaurant features high-end, recent renovations, making it move-in ready for a new owner. Ample parking is available, with both a dedicated parking lot and convenient street parking. The owner is retiring, presenting a unique chance to acquire a well-established and profitable restaurant in a prime location. The business occupies 3,000 square feet and is categorized as a special purpose commercial property. This is a truly exceptional opportunity for a motivated buyer seeking a successful, established restaurant with significant remaining lease term. The asking price for this turnkey business is $190,000. Don't miss this chance to own a thriving restaurant in a desirable area.

    Property profile
    Verified
    Property type Specialty properties
    Total area 3,000 SF
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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