For Sale
$250,000

163-08 Northern BlvdQueens, NY 11358

Queens, NY: Prime Commercial Lot

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 4,000 square foot commercial land parcel, located at 163-08 Northern Boulevard in Queens, New York, presents a unique investment opportunity. The property boasts a prominent location on a busy commercial thoroughfare, offering high visibility and excellent foot traffic. Currently operating as a thriving coffee and bar establishment, the property includes a substantial 3,500 square foot basement and terrace, adding significant potential for expansion or alternative uses. The existing business benefits from a recently completed high-end renovation, featuring a modern and stylish design, and is equipped with a new, energy-efficient HVAC system. The current lease agreement provides a stable income stream of $8,030 per month, with an 8.5-year term and a 5-year renewal option. Some kitchen equipment and tables/chairs are included in the sale. The property is zoned for a variety of uses, including but not limited to snacks, BBQ, Japanese cuisine, and bubble tea. A liquor license is currently in place. The asking price for this remarkable property is $250,000. Serious inquiries only. Please do not contact the current business.

Highlights

  • 4,000 SF commercial land parcel at 163-08 Northern Boulevard, Queens, NY.
  • High-visibility location on a busy commercial thoroughfare with excellent foot traffic.
  • Currently a coffee and bar with 3,500 SF basement and terrace; recently renovated with new HVAC.
  • $8,030/month lease, 8.5-year term, 5-year option; some FF&E included.
  • Zoned for various uses (snacks, BBQ, Japanese, bubble tea); existing liquor license.
  • Asking price: $250,000.

Property Details for 163-08 Northern Blvd

Property type
Land
Square Feet
2,800 SF
Units
1

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.760999
Longitude
-73.8025922
163-08 Northern Blvd, Queens, New York

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163-08 Northern Blvd
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