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$300,000
Est. payment /mo
1,999 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 966385
Rental Info No
Year Built 1931
Annual Tax Amount $38,308
Lot Size 1,999 Sqft
Acres 0.0459
Property Sub-Type Business
Source onekey2
Property Description
Prime corner hospitality opportunity in Astoria. Turnkey cafe/bar/restaurant formerly operating as Tru Cafe at 35-19 Ditmars Blvd. Approx. 4,000 SF total—about 2,000 SF ground floor plus 2,000 SF basement utilized for back-of-house—with strong street presence and excellent visibility. Seating for 87 indoors and ~70 outdoors.
Long-term lease with approximately 17 years remaining provides rare stability for a buyer seeking to build long-term value. Fully built-out space with existing infrastructure in place, allowing for a seamless transition or rebranding.
The business is currently closed, and all financial figures reflect the most recent period of operation. Prior to closing, hours were limited (generally 5 PM–12 AM), with weekly gross sales in the ~$30K–$35K range. With expanded hours and full utilization of the prime corner location, the space is projected to support at least ~$55K in weekly gross sales.
Owner is selling to focus on other ventures aligned with core competencies. Ideal for an experienced operator or concept looking to capitalize on a high-traffic Ditmars Blvd corridor location with significant upside.
Additional information available upon qualified buyer review (including proof of funds and standard confidentiality requirements).
Long-term lease with approximately 17 years remaining provides rare stability for a buyer seeking to build long-term value. Fully built-out space with existing infrastructure in place, allowing for a seamless transition or rebranding.
The business is currently closed, and all financial figures reflect the most recent period of operation. Prior to closing, hours were limited (generally 5 PM–12 AM), with weekly gross sales in the ~$30K–$35K range. With expanded hours and full utilization of the prime corner location, the space is projected to support at least ~$55K in weekly gross sales.
Owner is selling to focus on other ventures aligned with core competencies. Ideal for an experienced operator or concept looking to capitalize on a high-traffic Ditmars Blvd corridor location with significant upside.
Additional information available upon qualified buyer review (including proof of funds and standard confidentiality requirements).
Location
State NY
County Queens
Rooms
Basement Full
Interior
Fireplace No
Building
Lot Description Corner Lot
Others
Special Listing Condition None
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Listed by Vential LLC • Konstantinos Christoforakis
Nearby Locations
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Haniff Baksh
Broker | License ID: 10311202741
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