42-60 Crescent St Queens, NY 11101

This exceptional retail condominium, located at 42-60 Crescent Street in Queens, New York (zip code 11101), presents a compelling investment opportunity. The property boasts 1,317 square feet of space and is zoned M1-5/R7-3. Currently operating as a fully built-out restaurant, the space includes a fully equipped and vented kitchen, making it ideal for a variety of food service businesses. A significant advantage is the existing 10-year lease, providing strong, predictable income. The property's Net Operating Income (NOI) is a substantial $194,587.04, demonstrating its strong financial performance. The property's address is 42-60 Crescent Street, Queens, Queens County, New York, with the APN 00429-7501. The location offers excellent visibility and accessibility, contributing to the property's high earning potential. This turnkey operation, with its established tenant and long-term lease, represents a low-risk, high-reward investment opportunity in a thriving Queens neighborhood. The previous tenant operated a successful brunch and souffle pancake restaurant ("Softbite"). This fully equipped and vented kitchen is ready for immediate use. This is a rare chance to acquire a stable, income-generating property in a desirable location.