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$ 55,000
Est. payment | /mo
$ 55,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
MLS Listing ID KEYL3587076
Originating Board onekey2
Rental Info No
Year Built 1931
Lot Dimensions 20.17x101.67
Property Description
Amazing opportunity to purchase a restaurant business on Parsons Blvd. Please note the property is not for sale, just the business. All info deemed accurate, not guaranteed. Buyer to re-verify. 5 year lease in place expiring in 2029 with monthly rent of $3,750. rent increased 3% yearly. Lease can be cancelled with 6 mos notice but the 3 mos deposit wont be returned. Total utility and insurance bill about $1,100 monthly (insurance, electric, water, gas). Fully equipped kitchen and walk in refrigerator, customer seating area, and basement storage space all included. The restaurant grosses about $23,000 in monthly sales so projected $276,000 yearly., Additional information: Business Located At:83-30 Parsons Blvd, Jamaica, NY
Location
State NY
County Queens
Interior
Fireplace No
Exterior
Private Pool No
Others
Special Listing Condition None
Listed by EXP Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "