111-16 Queens Boulevard, Forest Hills, NY 11375
Queens County
Key Facts
Description
Exceptional Opportunity: Profitable Turnkey Japanese Restaurant (Teppanyaki & Sushi Bar) in Prime Forest Hills .Discover a well-established, high-performing restaurant in the heart of Forest Hills—one of Queens’ most vibrant and rapidly growing neighborhoods. This turnkey business features approximately 5,000 sq ft of space with excellent visibility and strong foot traffic. Successfully operating for over 21 years, the business is ready for a seamless transition as the owner retires. Sale includes: all furniture, kitchen equipment, and fixtures, plus an established customer base and strong neighborhood reputation. A rare opportunity to acquire a profitable, turnkey operation in a prime location—ideal for an owner-operator or investor seeking immediate cash flow with significant upside potential.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Living Area
5,000 sq ft
Lot Size
0.37 acres
Lot Dimensions
87 x 184
Zoning
c1-2
Days on Market
61
MLS® Listing#
500314
Property Features
Heating
Flooring
Parking
Construction
Foundation
Roof
Utilities
Affordability Calculator
$86,000
Estimated monthly payment
$2,289/mo
Principal $344,000 · Est. interest $479,911 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Forest Hills, NY
- $528,750
- Median Listing Price
- 65
- Median Days on Market
- 1,000
- Median Sq Ft
- $497
- Median Price / Sq Ft
- 463
- Active Listings
- This home’s price is 19% below the area median.
- Its price per sq ft is 83% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Forest Hills, NY.
Location
- 111-16 Queens Boulevard, Forest Hills, NY 11375
Points of Interest in Forest Hills, NY
Showing the Forest Hills area map.
Nearby Schools
Preschool of America
School · 0.1 mi away
Yeshiva Binat Chaim - Boys
School · 0.1 mi away
Yeshiva Sha'Arei Zion Ohel Bracha
School · 0.1 mi away
Forest Hills Gardens Foundation
Elementary · 0.2 mi away
Excellent Chinese Learning School
School · 0.3 mi away
PS Q196 Annex
Elementary · 0.3 mi away
PS 196
Elementary · 0.3 mi away
Bnos Malka Academy
School · 0.3 mi away
Ps101q
Elementary · 0.4 mi away
The Kew- Forest School
Secondary · 0.4 mi away
P. S. 303
School · 0.6 mi away
PS 99 Kew Gardens
Elementary · 0.7 mi away
Spolan Chabad Hebrew School
School · 0.7 mi away
Our Lady of Mercy Catholic Academy
School · 0.7 mi away
Yeshiva Tifereth Moshe
School · 0.7 mi away
Happy Faces Preschool
School · 0.8 mi away
PS/MS 164 Queens Valley School of the Arts
Elementary · 0.8 mi away
PS 144
Elementary · 0.8 mi away
Russell Sage Junior High School
Secondary · 0.8 mi away
J. H. S. 190 Russell Sage
Secondary · 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 |
|---|---|---|---|---|
| 61-20 Grand Central Parkway A608, Forest Hills, NY | $305,000 | 1 | 1 | 850 |
| 6812 Burns Street A3, Forest Hills, NY | $308,000 | 1 | 1 | 700 |
| 13625 Jewel Avenue A, Kew Garden Hills, NY | $309,000 | 1 | 1 | 700 |
| 150-11 72nd Road 1C, Kew Garden Hills, NY | $309,880 | 2 | 1 | 1,100 |
| 61-20 Grand Central Parkway A1008, Forest Hills, NY | $309,999 | 1 | 1 | 788 |
| 61-20 Grand Central Parkway A900, Forest Hills, NY | $310,000 | 1 | — | 800 |
Moving Cost Estimate
EXIT Agents in Forest Hills
Listing Courtesy: ProBase Real Estate - 7182102727
Fair Housing NoticeLast Updated: 2026-04-08