Flushing, NY 11355

$248,000

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List Price
$248,000
Price Change
▲ $123,000 1785280517
Status
ACTIVE
MLS#
1029578

Property Description

Excellent opportunity to acquire a turnkey restaurant business in the heart of Murray Hill, Flushing. Located in a busy commercial district surrounded by residential neighborhoods, restaurants, the LIRR station, and bus stops, this well-established business benefits from strong visibility, steady traffic, and a loyal local customer base. The restaurant offers approximately 1,500 SF on the ground floor with seating for about 50 guests, plus an approximately 1,500 SF full basement with walk-in cooler and ample refrigeration/storage space. Features include a fully equipped commercial kitchen with BBQ hood and ventilation system, well-maintained interior, quality restaurant improvements, and all existing kitchen equipment and fixtures included in the sale. Currently operating as a successful Korean cuisine and late-night dining restaurant. Rent is approximately $7,050/month plus approximately $108/month real estate tax. Lease has 2 years remaining with a 5-year renewal option. Security deposit is $13,400. A great opportunity for experienced restaurant operators or entrepreneurs seeking a fully equipped, income-producing business in one of Flushing’s desirable commercial corridors. Buyer to verify all business, lease, and financial information independently.

Additional Information

Basement
Full, See Remarks, Walk-Out Access

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Listing courtesy of Listing Agent: Sophia X. Yao (sophiayao@chasegr.com) from Listing Office: Chase Global Realty Corp.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.