34-39 31St St Queens, NY 11106
- Commercial real estate
Current Use by Public Records
- Mister Everything / Cocktail Bar
- Arepa Lady Astoria / Colombian Restaurant
- Sotto la Luna / Italian Restaurant
- Sala Astoria / Spanish Restaurant
- World Artisan Market / Food Court
Property Details for 34-39 31St St
- Property type
- Commercial real estate
Description
This exceptional opportunity presents a well-established Japanese ramen restaurant for sale in the vibrant Astoria, Queens neighborhood. Located at 34-39 31st Street, 11106, this turnkey business occupies approximately 2,000 square feet of prime commercial space. The restaurant boasts a strong track record, generating approximately $50,000 in monthly revenue. The current lease has nine years remaining, offering significant long-term stability. Monthly rent is $10,000, inclusive of property taxes. Its strategic location at a major intersection, directly adjacent to a bus stop and within one block of a subway station, ensures high foot traffic and accessibility. The surrounding area is densely populated, with numerous schools and residential buildings providing a consistent customer base. The restaurant features upscale interior décor and is fully equipped for immediate operation, requiring no additional investment in equipment or renovations. This is a rare chance to acquire a profitable and established business in a highly desirable location within one of Astoria's most sought-after commercial districts. The asking price for this thriving enterprise is $100,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.928
- Latitude
- 40.7584
