Property profile

76-08 21St Ave Queens, NY 11105

OFF-MARKET
Retail properties & Spaces
Built 1994
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Property summary

AI-generated overview

This exceptional 4,250 square foot restaurant and bar, located at 76-08 21st Ave, Astoria, NY, presents a unique investment opportunity. Situated in the vibrant Astoria Heights neighborhood, this single-tenant property is ideally positioned within a bustling culinary scene. Built in 1994 and recently renovated, the space is delivered "as is" and features a fully equipped, state-of-the-art kitchen ready for immediate operation. The main dining area boasts high ceilings and abundant natural light, creating a welcoming atmosphere. A spacious, versatile back area, currently furnished, offers additional seating and relaxation space. The property is ADA compliant, ensuring accessibility for all patrons. Its R4, C1-2 zoning allows for a variety of uses. The convenient location offers easy access to numerous amenities, shopping, dining, and entertainment options. This turnkey restaurant and bar is ready for a new owner to implement their culinary vision and capitalize on the thriving Astoria market. The property is located near 76th St in Queens County. This is a rare chance to acquire a fully operational restaurant in a prime location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1994

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant

Location

76-08 21St Ave Queens, NY 11105
Queens metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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