192-12 Northern BlvdQueens, NY 11358

For Sale
$288,000

Established Ramen Izakaya, High Income

Overview

Added:
Dec 11, 2024
Days on market:
94
This thriving Flushing ramen izakaya, located on Northern Boulevard at 192-12, presents a unique investment opportunity. The 3,040 square foot space, built in 1928, sits on a 2,253 square foot lot and boasts a strong track record of success. Currently generating a gross annual income of $500,000, this well-established restaurant (operating for 10 years) benefits from a prime location in a mixed-use area of Queens, New York, with ample parking. The property includes a 1,100 square foot main floor, a 1,100 square foot basement, and a backyard. The current lease is 5+5 years, with a monthly rent of $4,800 and monthly taxes of $342. A three-month security deposit is required. The restaurant is fully equipped and holds a liquor license, offering potential for expansion into sushi or other cuisines. Asking price is $288,000, representing a price per square foot of $94.74. This is an exceptional opportunity to acquire a profitable, established business in a high-demand area. The property is zoned for retail use and is located in zip code 11358, Queens County, New York.

Highlights

  • $288,000 asking price for this 3,040 square foot restaurant.
  • Located at 192-12 Northern Blvd, Queens, NY 11358.
  • Features a 2,253 square foot lot and was built in 1928.
  • Priced at $94.74 per square foot.
  • Established ramen izakaya with a liquor license, generating $500,000 in gross income.

Property Details for 192-12 Northern Blvd

Property type
Other retail properties, Restaurants
Square Feet
3,040 SF
Year Built
1928

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.7576215
Longitude
-73.7888885
192-12 Northern Blvd, Queens, New York

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
192-12 Northern Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message