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$248,000 Just Listed
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Property Description
Excellent opportunity to acquire a turnkey restaurant business in the heart of Murray Hill, Flushing. Located in a busy commercial district surrounded by residential neighborhoods, restaurants, the LIRR station, and bus stops, this well-established business benefits from strong visibility, steady traffic, and a loyal local customer base. The restaurant offers approximately 1,500 SF on the ground floor with seating for about 50 guests, plus an approximately 1,500 SF full basement with walk-in cooler and ample refrigeration/storage space. Features include a fully equipped commercial kitchen with BBQ hood and ventilation system, well-maintained interior, quality restaurant improvements, and all existing kitchen equipment and fixtures included in the sale. Currently operating as a successful Korean cuisine and late-night dining restaurant. Rent is approximately $7,050/month plus approximately $108/month real estate tax. Lease has 2 years remaining with a 5-year renewal option. Security deposit is $13,400. A great opportunity for experienced restaurant operators or entrepreneurs seeking a fully equipped, income-producing business in one of Flushing's desirable commercial corridors. Buyer to verify all business, lease, and financial information independently.
Full Property Details
Full Property Details for MLS# 1029578
General
- Price: $248,000
- Status: Active
- Type: Business
- Source: Long_Island
- MLS ID: 1029578
- Updated: 7/23/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Restaurant
Location
- County: Queens
Structural Information
- Detached/Attached: Detached
- Basement: Yes
- Basement Desc.: Full Basement, See Remarks, Walk-Out Access
- Building Size: 1500
- Square Feet: 1,500
Disclosures and Reports
- Special Conditions: None
Listed by Chase Global Realty Corp
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Schools
Schools serving MLS# 1029578
School District:New York City Geographic School District 25
| Name | Grades | Distance |
|---|---|---|
Ps 184 Flushing Manor 163-15 21st Rd, Queens, NY 11357 | K-5 | 1.7 mi |
Jhs 194 William Carr 154-60 17th Ave, Queens, NY 11357 | 6-8 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for MLS# 1029578
Date
Details
Price
Change
Source
7/23/2026
Listed
$248,000
—
MLS
Disclaimer: Historical sales 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 MLS# 1029578
MLS# 1029578, Flushing, NY 11355 (MLS# 1029578) is a Business property. MLS# 1029578 is currently listed for $248,000 and was received on July 23, 2026. Want to learn more about MLS# 1029578? Do you have questions about finding other Business real estate for sale in Flushing? You can browse all Flushing real estate or contact a Coldwell Banker agent to request more information.

