Your search results

28-43 Steinway Street

$ 425,000
28-43 Steinway Street, ,
add to favorites
422
for sale

SUCCESSFUL BUSINESS FOR SALE! – $425,000

NET monthly income $15,000
45% cap rate!!!

OPPORTUNITY of a lifetime! The owner has successful medical business and has no time to manage the restaurant/lounge business.

The place is open only 3 days a week and makes average of $30,000 per month (gross), or about $15,000 NET. If you manage it right way there is an opportunity to double the NET income.

Income:
gross income: $30,000 / month

Expenses:
Rent: $8,400 /month
food: 1,500 /month
liqueurs: 2,000 /month
staff: 2,000 /month
utilities: $1,000 /month

All appliances are like new, kitchen and bathrooms are in perfect condition.

Located in the heart of Astoria. Center of the most famously known nightlife area of Queens – Steinway street between 28th avenue and 30th avenue.

Address: 28-43 Steinway Street
City:
Area:
Zip: 11103
Country: United States
Property Id : 19539
Price: $ 425,000
Property Size: 2,500 ft2
walkscore99 / Walker's Paradise more details here

Tigran Avetisyan

Licensed Real Estate Salesperson
917-951-6345
tigran@mmadie.com

Contact Me