For Lease
$168,000/SF/YR

26-20 Jackson Ave Queens, NY 11101

Thriving Deli, Long Lease, High Returns

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional Long Island City deli presents a lucrative investment opportunity. The property boasts a prime location and a substantial 1,400 square foot space, operating under a single-tenant lease with 10 years remaining. Currently generating a gross weekly income between $38,000 and $44,000, this well-established business translates to a monthly net income ranging from $35,000 to $40,000. The monthly rent is $16,000, providing a strong cash flow and significant return on investment. The asking price, including key money, is $849,000. This turnkey operation is ideal for an investor seeking a high-income-producing retail asset in a vibrant and densely populated area. The property's strong performance history and long-term lease provide financial stability and significant upside potential. The established customer base and proven business model ensure a seamless transition for the new owner. This is a rare opportunity to acquire a high-performing deli in a prime Long Island City location with exceptional financial prospects. The property's size and layout are well-suited for continued success, offering a significant advantage in a competitive market. This is a truly exceptional investment opportunity not to be missed.

Highlights

  • Retail/Restaurant opportunity: Single-tenant deli in prime location.
  • 1,400 square foot space.
  • $16,000 monthly rent with a 10-year lease.
  • Gross weekly income: $38,000 - $44,000; Net monthly income: $35,000 - $40,000.
  • Asking price: $849,000.

Property Details for 26-20 Jackson Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
1,400 SF

Unit(s) available at that property

Space
Size
1,400 SF
Rate per SF
$168,000

Location Insight

City
Queens
County
Suffolk
State
New York
Latitude
40.7471654
Longitude
-73.9414566

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FAQs

What type of property is this?
Retail property - Thriving Deli, Long Lease, High Returns
Where is the retail property located?
The property is located at 26-20 Jackson Ave Queens, NY.
What is the lease rate?
The lease rate is $168,000/SF/YR.
What are key features of this property?
This property features: Retail/Restaurant opportunity: Single-tenant deli in prime location.; 1,400 square foot space.; $16,000 monthly rent with a 10-year lease.
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 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.
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Contacts

Sung Cho
Sung Cho
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Jackson Ave
Queens, NY 11101

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Jackson Ave
Queens, NY 11101

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

26-20 Jackson Ave
  • Sung Cho
    Sung Cho
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