New York, NY 11354

Property

Type: Retail
Bedrooms: Studio
Lot Size: 0.16 Acres

Financials

Rent:$22,300
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of B Square Realty

Prime Restaurant Business Opportunity on Prince Street Rare opportunity to acquire an established restaurant business located on bustling Prince Street, one of Flushing s most active commercial corridors with consistently ...

Description

Prime Restaurant Business Opportunity on Prince Street Rare opportunity to acquire an established restaurant business located on bustling Prince Street, one of Flushing’s most active commercial corridors with consistently high traffic and strong neighborhood visibility. Surrounded by dense residential buildings, offices, retail, and major transit, this location benefits from steady local and destination-driven customer flow throughout the day. The space is approximately 3,400 SF and is fully built out with a full commercial kitchen, offering a functional layout suitable for dine-in and private dining. Designed for efficient operations, the space allows flexibility for a variety of restaurant concepts and a smooth transition for new operators. A favorable long-term lease is in place with approximately 7 years remaining, at a current rent of approximately $22,300 per month. Key money of $298,000 applies. Parking for rent is available, adding convenience for both customers and staff. Excellent street exposure in a highly desirable area known for its vibrant dining scene. Ideal for experienced operators or investors seeking a turn-key presence in a proven restaurant location.

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.