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$185,000
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Property Description
Turnkey opportunity to purchase a well-established, income-producing Ecuadorian restaurant located in the heart of East Elmhurst. Situated on a busy block surrounded by residential housing, this restaurant offers strong local foot traffic and a loyal customer base. The sale includes a fully equipped kitchen, Full basement with steps to street, dining area, and a full liquor license, as well as beer and wine licenses. The space is in excellent condition and ready for continued operation. This is an ideal investment for an experienced operator or first-time business owner looking to enter the food and beverage industry in Queens. Do not miss the chance to own a profitable restaurant in a vibrant and growing neighborhood. Confidentiality agreement required for financials and further details.
Full Property Details
Full Property Details for 91-09 31st Ave
General
- Price: $185,000
- Taxes: $7,265
- Status: Active
- Type: Business
- Source: Long_Island
- MLS ID: 896785
- Updated: 8/6/2025
- Added to Site: 167 day(s) ago
Business
- Name: Valdes House
- Business Type: Bar/Tavern/Lounge, Restaurant
Interior
- Appliances: Freezer, Gas Cooktop, Gas Range, Microwave, Refrigerator
Location
- County: Queens
Structural Information
- Detached/Attached: Attached
- Basement: Yes
- Basement Desc.: Full Basement, Storage Space, Walk-Out Access
- Building Size: 2540
- Square Feet: 2,540
- Year Built: 1927
Lot Features
- Lot Size (Acres): 0.0459
- Lot Size (Sq. Ft.): 2,000
Financial Considerations
- Tax Amount: $7,265.76
Disclosures and Reports
- Special Conditions: None
- Property ID: 01389-0030
Listed by Telemundo Realty Corp
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Schools
Schools serving 91-09 31st Ave
School District:New York City Geographic School District 30
| Name | Grades | Distance |
|---|---|---|
Ps 228 Early Childhood Magnet School For The Arts 32-63 93rd St, Queens, NY 11369 | PK-2 | 0.3 mi |
Ps 149 Christa Mcauliffe 93-11 34th Ave, Queens, NY 11372 | K-5 | 0.4 mi |
Is 145 Joseph Pulitzer 33-34 80th St, Queens, NY 11372 | 6-8 | 0.7 mi |
Newtown High School, Queens, NY 48-01 90th St, Queens, NY 11373 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 91-09 31st Ave
Date
Details
Price
Change
Source
8/06/2025
Listed
$185,000
-81.1%
MLS
1/27/2022
Sold
$978,749
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 91-09 31st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,702
6%
$38,346
-44%
2024
$7,266
6%
$68,820
102%
2023
$6,855
—
$34,128
-41%
2022
$6,878
-2%
$57,840
9%
2021
$7,019
4%
$53,160
4%
2020
$6,764
6%
$51,240
15%
2019
$6,381
11%
$44,580
57%
2017
$5,753
—
$28,440
1%
2017
$5,753
4%
$28,224
2%
2016
$5,556
7%
$27,792
4%
2015
$5,207
14%
$26,629
6%
2014
$4,548
6%
$25,122
6%
2013
$4,282
—
$23,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 91-09 31st Ave
9109 31st Avenue, East Elmhurst, NY 11369 (MLS# 896785) is a Business property. 9109 31st Avenue is currently listed for $185,000 and was received on August 06, 2025. Want to learn more about 9109 31st Avenue? Do you have questions about finding other Business real estate for sale in East Elmhurst? You can browse all East Elmhurst real estate or contact a Coldwell Banker agent to request more information.

