2850 31st St - Restaurant FOR SALE


Astoria, NY 11102- Downtown Astoria
$2,800,000 USD
516-205-0814
2850 31st St, Astoria, NY for Sale
$2,800,000 USD
Restaurant - FOR SALE
1/13
null | Request Cap Rate

2850 31st St
Astoria, NY 11102
Downtown Astoria


HIGHLIGHTS

  • Delivered vacant with high-end turnkey food and beverage build-out.
  • Highly desirable 2nd generation restaurant space ready for re-tenanting or owner occupancy.
  • Located on a bustling retail corridor, just off 30th Avenue subway station.

OVERVIEW

Lee & Associates NYC is pleased to present exclusively for sale the retail building located at 28-50 31st Street, Astoria, New York 11102 (the “Property”). Spanning approximately 2,000 square feet on the ground (retractable roof in the rear), with a 1,200 square foot cellar and 1,200 square foot second floor, the Property will be delivered vacant. The Property represents the opportunity to acquire a fully built-out retail building in the heart of Astoria, one of Queens’ most vibrant submarkets. With an existing food and beverage build-out, an investor could capitalize on the popularity of 2nd generation restaurant space or an owner-user could occupy the space to introduce their concept to a captive audience.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$757 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

1,999 SF

ZONING

C4-4A / R7A equiv.

APN/PARCEL ID

00595-0034

ASK ABOUT THIS PROPERTY

Sean SlatteryLee & AssociatesMore Info
516-205-0814

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Sean SlatteryLee & AssociatesMore Info
516-205-0814

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.