$850,000
( $113.33Per Sq Foot )
 $4,563 est/mo Sourced by Back At You

5802 37th Avenue,Woodside, NY 11377

Woodside, NY 11377

Share:

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.

Details

MLS #1023773
Listing TypeFor Sale
StyleOther
Sub-TypeResale
StatusActive
Year1957
Days On Site77
Listing Provided ByKUS Realty Premier Inc | Mehdi Hasan

Features

SQ Feet7,500
ZoningM1-1
Acreage0.17

Interior

CoolingElectric
HeatingElectric
AppliancesConvection Oven, Cooktop, Dishwasher, Dryer, Gas Oven, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer

Exterior

Construction MaterialsBrick

Parking

Parking FeaturesValet

Utilities

UtilitiesElectricity Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value688050
Tax Annual Amount66729.12

Area Information

StateNY
CountyQueens
CityWoodside
Zip Code11377
Listing VS Median (in 11377)
Price:
$850,000
low | high
Med:
$558,500
84.294117647059% of Average
sqft:
7,500
low | high
Med:
644
100% of Average
$ / sqft:
$113
low | high
Med:
$868
100% of Average
On site:
77
low | high
Med:
195
39.487179487179% of Average
Sourced by Back At You

Market Activity 11377

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Modern Spaces New York at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the OneKey® MLS

Contact

Learn More About This Property

StateNY
CountyQueens
CityWoodside
Zip Code11377
Listing VS Median (in 11377)
Price:
$850,000
low | high
Med:
$558,500
84.294117647059% of Average
sqft:
7,500
low | high
Med:
644
100% of Average
$ / sqft:
$113
low | high
Med:
$868
100% of Average
On site:
77
low | high
Med:
195
39.487179487179% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $637K - $1.62M
sqft: 5,500 - 9,000
Nearby Listings Property ImageNearby Listings Details
58-02 37th Avenue Property Photo 1
$4,250,000
58-02 37th Avenue
Woodside, NY 11377
37-19 59th Street Property Photo 1
$825,000
37-19 59th Street
Woodside, NY 11377
Listing Updated: August 20, 2026 at 1:25:40 PM PDT