For Lease
$27.73/SF/YR

582 Seneca Ave Queens, NY 11385

Established Restaurant, High Revenue, 7-Year Lease

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This thriving Ridgewood restaurant at 582 Seneca Avenue, Queens, NY 11385 presents a unique investment opportunity. The 2,550 square foot single-tenant space boasts a 2,250 square foot main area (approximately 25 ft x 90 ft) plus a basement. Originally a warehouse, it's been expertly converted into a fully equipped food and beverage establishment, featuring a full kitchen with commercial cooking gas and a fully vented system. Large skylights illuminate the space, and convenient backyard access is available. The property enjoys a prime location, close to the L and M subway lines, ensuring excellent accessibility. This well-known establishment generates approximately $1.5 million in annual gross revenue, demonstrating consistent growth with a 50% year-over-year increase. A 7-year lease assignment extends to November 2031, providing long-term stability. The property is a single-story building with no tenants above. A significant advantage is the inclusion of a 4 AM liquor license, which also permits live music. A complete equipment list is available upon request. Key money details are also available upon inquiry. All uses are considered.

Property Details for 582 Seneca Ave

Property type
Restaurants
RSF (Rentable sq. ft)
2,550 SF

Unit(s) available at that property

Space
Size
2,550 SF
Rate per SF
$27.73

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.7041906
Longitude
-73.9105091

Nearby Similar for Lease

  • For Lease
    $33.97/SF/YR

    Queens Commercial Space for Lease

    Prime Queens location, 6,538 sq ft restaurant/retail space.

    46-11 Broadway
    Queens, NY
    View Details
  • For Lease
    $816/SF/YR

    Homestead Deli: Turnkey Restaurant Opportunity

    Established German Deli, Supermarket, Restaurant

    81-45 Lefferts Blvd
    Queens, NY
    View Details
  • For Lease Call for price

    Clocktower Plaza Retail Space

    Queens Retail Center: Ample Parking, Grocery

    92-10 Atlantic Ave
    Queens, NY
    View Details
  • For Lease Call for price

    Roosevelt Avenue Retail Portfolio

    Queens Retail Space: Multiple Units Available

    Roosevelt Ave
    Queens, NY
    View Details
  • For Lease Call for price

    Jamaica Ave Corner Office Space

    Prime Queens location, high visibility, 2,755 sq ft.

    166-36 Jamaica Ave
    Queens, NY
    View Details
  • For Lease
    $15,600/SF/YR

    Jamaica Avenue Retail Space

    Prime Queens Retail, Two Suites Available

    161-10 Jamaica Ave
    Queens, NY
    View Details

FAQs

What type of property is this?
Restaurant - Established Restaurant, High Revenue, 7-Year Lease
Where is the restaurant located?
The property is located at 582 Seneca Ave Queens, NY.
What is the lease rate?
The lease rate is $27.73/SF/YR.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].

Contacts

Daniel Barcelowsky
Daniel Barcelowsky
Visit Broker Website

Learn more

Useful Information

Request information

Seneca Ave
Queens, NY 11385

Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.

Seneca Ave
Queens, NY 11385

Message sent successfully
Error

Email this Information

Link copied to clipboard
Message sent successfully
Error

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.

582 Seneca Ave
  • Daniel Barcelowsky
    Daniel Barcelowsky
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message

Sign Up

Already
a member?
By creating an account, you agree to
the Terms of service and acknowledge Privacy policy.

Just one more step, let’s verify your email

We have sent a verification link to

Please check your inbox to complete the process. Just click on the link in that email to complete your Sign up. If you don’t see it, you may need to check your spam folder.

Email verification link expired

It seems that the verification link has expired. No worries! We can send you a new link to

Log In

Don't have
an account?
Forgot password?

Reset your password

New to
Paperhouses?

Enter the email address associated with your account and we'll send you a link to reset your password.

Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
New to Paperhouses?

Check your email

We've resent password reset instructions to if it is an email on file.

Please check again. If you still haven't received an email, try a different email.

Check your email

Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password. If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.