Property profile

81-45 Lefferts Blvd Queens, NY 11415

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional turnkey opportunity presents a well-established German gourmet deli, supermarket, and restaurant available for lease. Boasting a loyal customer base cultivated since 1946, this business occupies a 1,500 square foot main floor space complemented by an additional 1,500 square foot basement. All existing equipment is included in the sale, encompassing freezers, stoves, and kitchen counters, ensuring a seamless transition for the new owner. The monthly rent is $8,500, subject to a 3% annual escalation clause. A two-month security deposit is required. The current owner is offering support to the new tenant, assisting with a smooth transition and potentially maintaining the existing, successful menu. A turnkey purchase price of $80,000 is being offered, and this figure is negotiable. This presents a rare chance to acquire a profitable, long-standing business with a built-in customer base and established brand recognition. The property is a single-tenant space, ideal for an owner-operator seeking a ready-made operation. Further details are available upon request.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

81-45 Lefferts Blvd Queens, NY 11415
Queens metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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