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Active - Mixed Use for sale

29-02 36th Ave, Astoria, NY 11106

Facts & features

Mixed Use Property type
1072 days on Beycome

Why you’ll love it

Exciting Business Opportunity in ASTORIA! This thriving ethnic deli located on a bustling 36th avenue in the heart of Astoria is now available for acquisition. Priced very fairly, there is room for negotiation. This established deli consistently generates an impressive annual revenue of about 1,000,000$. After covering all expenses the approximate net income is about 225,000$. There is 5 years remaining on the lease with extension possibility. KEY HIGHLIGHTS -PRIME LOCATION: Situated in the vibrant neighborhood of Astoria, this deli benefits from high foot traffic and a loyal customer base. -PROFITABLE OPERATION: With a strong track record of consistent earnings, this business offers a stable income stream. -ETHNIC DELICACIES: Specializing in Bangladeshi/Asian cuisine, this deli provides an authentic and unique dining experience. -WELL-EQUIPED: The business comes fully equipped with all necessary fixtures and equipment, making it turn key for the next owner. - GROWTH POTENTIAL: There are opportunities to further expand the menu, catering services, and online presence to maximize profits. Don't miss out on this fantastic chance to own a successful deli in Astoria.

Translating description...

Listed by: Sylva Ahmed • sylvaahmed@gmail.com • Elite Synergy Realty Inc

Co-listed by: Mohammed A Ohid • ohidm@elitesynergyrealty.com • Elite Synergy Realty Inc

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Affordability

$230,000$475,000
1%20%
0%90%
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Estimated monthly payment

$1,770/mo

  • Mortgage$1,770
  • Property tax$0
  • HOA fee
  • Homeowners insurance
Due at closing$278,250
Down payment held in escrow$70,000
Closing costs$5,250
beycome credit Est.$7,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Astoria

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.

$350,000 Listed price

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$7,000 Credit back

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