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.
| MLS # | 1023773 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 77 |
| Listing Provided By | KUS Realty Premier Inc | Mehdi Hasan |
| SQ Feet | 7,500 |
|---|---|
| Zoning | M1-1 |
| Acreage | 0.17 |
| Cooling | Electric |
|---|---|
| Heating | Electric |
| Appliances | Convection Oven, Cooktop, Dishwasher, Dryer, Gas Oven, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer |
| Construction Materials | Brick |
|---|
| Parking Features | Valet |
|---|
| Utilities | Electricity Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 688050 |
| Tax Annual Amount | 66729.12 |
| State | NY |
|---|---|
| County | Queens |
| City | Woodside |
| Zip Code | 11377 |
| Listing VS Median (in 11377) | |
Price: $850,000 low | high Med: $558,500 sqft: 7,500 low | high Med: 644 $ / sqft: $113 low | high Med: $868 On site: 77 low | high Med: 195 | |
| State | NY |
|---|---|
| County | Queens |
| City | Woodside |
| Zip Code | 11377 |
| Listing VS Median (in 11377) | |
Price: $850,000 low | high Med: $558,500 sqft: 7,500 low | high Med: 644 $ / sqft: $113 low | high Med: $868 On site: 77 low | high Med: 195 | |
![]() | $4,250,00058-02 37th AvenueWoodside, NY 11377 |
![]() | $825,00037-19 59th StreetWoodside, NY 11377 |