160-24 Willets Pt Blvd Restaurant, Whitestone, NY 11357
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.