$248,000
( $165.33Per Sq Foot )
 $1,331 est/mo Sourced by Back At You

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Description

Excellent opportunity to acquire a turnkey restaurant business in the heart of Murray Hill, Flushing. Located in a busy commercial district surrounded by residential neighborhoods, restaurants, the LIRR station, and bus stops, this well-established business benefits from strong visibility, steady traffic, and a loyal local customer base. The restaurant offers approximately 1,500 SF on the ground floor with seating for about 50 guests, plus an approximately 1,500 SF full basement with walk-in cooler and ample refrigeration/storage space. Features include a fully equipped commercial kitchen with BBQ hood and ventilation system, well-maintained interior, quality restaurant improvements, and all existing kitchen equipment and fixtures included in the sale. Currently operating as a successful Korean cuisine and late-night dining restaurant. Rent is approximately $7,050/month plus approximately $108/month real estate tax. Lease has 2 years remaining with a 5-year renewal option. Security deposit is $13,400. A great opportunity for experienced restaurant operators or entrepreneurs seeking a fully equipped, income-producing business in one of Flushing’s desirable commercial corridors. Buyer to verify all business, lease, and financial information independently.

Details

MLS #1029578
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site51
Listing Provided ByChase Global Realty Corp | Sophia X. Yao

Features

SQ Feet1,500
BasementY

Taxes

Tax Year2025

Area Information

StateNY
CountyQueens
CityFlushing
Zip Code11355
Listing VS Median (in 11355)
Price:
$248,000
low | high
Med:
$625,000
100% of Average
sqft:
1,500
low | high
Med:
515
100% of Average
$ / sqft:
$165
low | high
Med:
$1,214
100% of Average
On site:
51
low | high
Med:
50
100% of Average
Sourced by Back At You

Market Activity 11355

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Learn More About This Property

Gregory Kyroglou

Gregory Kyroglou

Modern Spaces New York

 (917) 916-6776greg@modernspaces.com
StateNY
CountyQueens
CityFlushing
Zip Code11355
Listing VS Median (in 11355)
Price:
$248,000
low | high
Med:
$625,000
100% of Average
sqft:
1,500
low | high
Med:
515
100% of Average
$ / sqft:
$165
low | high
Med:
$1,214
100% of Average
On site:
51
low | high
Med:
50
100% of Average
Sourced by Back At You
Listing Updated: July 28, 2026 at 1:16:58 PM PDT
Gregory Kyroglou
(917) 916-6776
Astoria - 29-20 23rd Ave.
Astoria, New York 11105

Gregory Kyroglou - Modern Spaces New York