5802 37th Avenue, Woodside, NY 11377
Queens County
Key Facts
Description
Turnkey Party Hall & Restaurant business for Sale! Don't miss this rare opportunity to own a fully renovated, turnkey party hall and restaurant business with outstanding income potential. This impressive venue features a spacious banquet hall accommodating up to 450 guests, plus a separate 50 seat restaurant, making it ideal for weddings, receptions, corporate events, private parties, and everyday dining. The commercial kitchen is fully equipped with high-quality, professional-grade equipment, including two walk-in refrigerators, four commercial gas ranges, two deep fryers, a 30-inch flat-top grill, a tandoor oven, automatic commercial dishwasher, holding cabinet warmer, four-compartment sink, six-burner gas range, two refrigerated salad preparation stations with assembly lines, and much more; allowing for efficient, high-volume food preparation. Additional highlights include a liquor license, elegant dining and banquet seating for 450 guests, valet parking, and a 10-year lease, providing long-term operational stability. Whether you're an experienced restaurateur, caterer, or investor seeking a thriving hospitality business, this fully operational venue is ready for immediate ownership and continued success.
Property Information
Property Type
Business Opportunity
Year Built
1957
Living Area
7,500 sq ft
Lot Size
0.17 acres
Days on Market
3
MLS® Listing#
1023773
Property Features
Appliances
Cooling
Heating
Parking
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$66,729
Assessed Value
$688,050
Parcel Number
01213-0048
Directions
GOOGLE MAP
Affordability Calculator
$170,000
Estimated monthly payment
$4,524/mo
Principal $680,000 · Est. interest $948,661 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Woodside, NY
- $620,000
- Median Listing Price
- 95
- Median Days on Market
- 793
- Median Sq Ft
- $712
- Median Price / Sq Ft
- 166
- Active Listings
- This home’s price is 37% above the area median.
- Its price per sq ft is 84% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Woodside, NY.
Location
Points of Interest in Woodside, NY
Showing the Woodside area map.
Nearby Schools
Woodside Community School (the)
Elementary · 0.2 mi away
St. Sebastian Catholic Academy
School · 0.3 mi away
PS 152 Gwendolyn N. Alleyne School
Elementary · 0.3 mi away
Gotham Tech High School
Secondary · 0.3 mi away
PS 11
Elementary · 0.4 mi away
PS 398q - the Hector Figueroa School
Elementary · 0.4 mi away
Al- Kauthar Institute
School · 0.5 mi away
Academy of the City Charter School
Elementary · 0.5 mi away
Nycquran
School · 0.5 mi away
PS 151
Elementary · 0.6 mi away
Razi School
Secondary · 0.6 mi away
I S 429
School · 0.6 mi away
I. S. 230
Secondary · 0.6 mi away
William Cullen Bryant High School
Secondary · 0.7 mi away
Monsignor McClancy Memorial High School
Secondary · 0.7 mi away
P. S 012 James B Colgate
Elementary · 0.8 mi away
P. S. 12 James B Colgate
Elementary · 0.8 mi away
I. S. 010 Horace Greeley
Secondary · 0.8 mi away
Jackson Heights Sda School
Elementary · 0.8 mi away
P. S. 069 Jackson Heights
Elementary · 0.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 5801 Queens Boulevard 7L, Woodside, NY | $599,000 | 1 | 1 | 496 |
| 63-14 Queens Boulevard 3M, Woodside, NY | $599,000 | 1 | 2 | 841 |
| 7009 45th Avenue 7C, Woodside, NY | $615,000 | 2 | 2 | 725 |
| 70-25 Queens Boulevard 7H, Woodside, NY | $618,000 | 2 | 2 | 793 |
| 7065 Queens Boulevard 8J, Woodside, NY | $619,000 | 1 | 1 | 579 |
| 70-25 Queens Boulevard 1B, Woodside, NY | $623,000 | 2 | 2 | 799 |
Moving Cost Estimate
EXIT Agents in Woodside
Listing Courtesy: KUS Realty Premier Inc - 3473807475
Presented by: Mehdi Hasan
Fair Housing Notice