- Prince Street, Flushing, NY 11354
Queens County
Key Facts
Description
Prime Restaurant Business Opportunity on Prince Street Rare opportunity to acquire an established restaurant business located on bustling Prince Street, one of Flushing’s most active commercial corridors with consistently high traffic and strong neighborhood visibility. Surrounded by dense residential buildings, offices, retail, and major transit, this location benefits from steady local and destination-driven customer flow throughout the day. The space is approximately 3,400 SF and is fully built out with a full commercial kitchen, offering a functional layout suitable for dine-in and private dining. Designed for efficient operations, the space allows flexibility for a variety of restaurant concepts and a smooth transition for new operators. A favorable long-term lease is in place with approximately 7 years remaining, at a current rent of approximately $22,300 per month. Key money of $298,000 applies. Parking for rent is available, adding convenience for both customers and staff. Excellent street exposure in a highly desirable area known for its vibrant dining scene. Ideal for experienced operators or investors seeking a turn-key presence in a proven restaurant location.
Property Information
Property Type
Commercial Lease
Sub-Type
Retail
Year Built
1950
Living Area
3,400 sq ft
Lot Size
0.16 acres
Days on Market
137
MLS® Listing#
955523
Property Features
Cooling
Heating
Construction
Utilities
Sewer
Water Source
Financial Details
Assessed Value
$775,350
Parcel Number
04971-0012
Affordability Calculator
$30,000
Estimated monthly payment
$798/mo
Principal $120,000 · Est. interest $167,411 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Flushing, NY
- $718,497
- Median Listing Price
- 74
- Median Days on Market
- 824
- Median Sq Ft
- $797
- Median Price / Sq Ft
- 799
- Active Listings
- This home’s price is 79% below the area median.
- Its price per sq ft is 94% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Flushing, NY.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 136 89 37 Ave, Flushing, NY | $105,000 | — | — | 2,450 |
| 41-10 149th Place, Flushing, NY | $110,000 | — | — | — |
| 161-07 Northern Boulevard, Flushing, NY | $115,000 | — | — | 1,500 |
| 194 Northern, Flushing, NY | $120,000 | — | — | — |
| 149-06 41st Avenue, Flushing, NY | $125,000 | — | — | 2,450 |
| 59-08 Main, Flushing, NY | $128,000 | — | — | — |
Moving Cost Estimate
Listing Courtesy: B Square Realty - 7189398388
Presented by: Li Li
Fair Housing Notice