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27825564
27825565

9109 31st Avenue, New York, NY 11369

GR
NY NY 31RA0597323
Telemundo Realty
ER
NY NY 10401329468
Telemundo Realty
Listed by Telemundo Realty
$185,000
228 days on market
Updated 12 days ago

9109 31st Avenue

Details
APN 01389-0030
Property Type Business for Sale, Retail
Sub Type Business Only, Bar (+1)
NOI $100,000
Year Built 1927
Acreage 0.046

Business for Sale

Marketing description

Turnkey opportunity to purchase a well-established, income-producing Ecuadorian restaurant located in the heart of East Elmhurst. Situated on a busy block surrounded by residential housing, this restaurant offers strong local foot traffic and a loyal customer base. The sale includes a fully equipped kitchen, Full basement with steps to street, dining area, and a full liquor license, as well as beer and wine licenses. The space is in excellent condition and ready for continued operation. This is an ideal investment for an experienced operator or first-time business owner looking to enter the food and beverage industry in Queens. Do not miss the chance to own a profitable restaurant in a vibrant and growing neighborhood. Confidentiality agreement required for financials and further details.
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Listing Contacts

GR
NY NY 31RA0597323
Telemundo Realty
ER
NY NY 10401329468
Telemundo Realty
Listed by Telemundo Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$100,000.00
$8,333.33/mo

Valuation Metrics

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DSCR
54.05%
Cap Rate
54.05%
ROI

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Additional Information

Name
Gladys Ramirez
License
NY 31RA0597323
Brokerage
Telemundo Realty
Brokerage Address
102-01 Northern Boulevard
Name
Eduardo Ramirez
License
NY 10401329468
Brokerage
Real Broker NY LLC
Title
Real estate sales person
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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