38-01 30Th Ave Queens, NY 11103
This thriving restaurant in Astoria, Queens is available for purchase at $199,000. The 1100 sq ft space boasts a 20ft ceiling height and is situated in a vibrant commercial area with ample parking directly adjacent. The current lease has six years remaining, offering excellent long-term stability. Monthly rent is exceptionally low at $4,550, inclusive of basic property taxes and water. The location benefits from a diverse mix of retail and dining establishments, ensuring high foot traffic and a strong customer base. The ideal buyer will appreciate the minimal grease cooking requirement, simplifying operations and reducing overhead. This turnkey opportunity presents a rare chance to acquire an established business with significant growth potential in a prime Queens location. The address is 38-01 30th Avenue, Astoria, NY 11103. This is a business-only sale.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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