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$98,000
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Property Description
Motivated seller offers a well-established Japanese izakaya in the heart of Forest Hills, Queens. This turnkey operation features a loyal customer base, full liquor license, and consistent sales history. The business occupies a prime street-level location with high visibility and includes substantial leasehold improvements. Current owner is actively involved and committed to a smooth transition. Long-term lease in place with favorable terms through 2032. All utilities and operating expenses are current and fully documented. Ideal opportunity for an experienced operator or investor seeking a proven hospitality concept in a desirable residential and commercial corridor. Financials available to qualified buyers with signed confidentiality agreement.
Full Property Details
Full Property Details for 107-09 70th Rd Forest Hills
General
- Price: $98,000
- Status: Active
- Type: Business
- Source: Long_Island
- MLS ID: 943907
- Updated: 1/30/2026
- Added to Site: 71 day(s) ago
Business
- Name: Wakafune Izakaya
- Business Type: Restaurant
Parking
- Parking Features: Off Street
Location
- County: Queens
- Driving Directions: From Queens Blvd and 71st Ave, head north on 71st Ave for one block. Turn left onto 70th Road. Subject property (107-09 70th Rd) is on the right, between 107th and 108th Streets, across from Forest Hills High School.
Structural Information
- Detached/Attached: Detached
- Ceiling Height: 11
Disclosures and Reports
- Special Conditions: None
Listed by B Square Realty
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Schools
Schools serving 107-09 70th Rd Forest Hills
School District:New York City Geographic School District 28
| Name | Grades | Distance |
|---|---|---|
Ps 144 Col Jeromus Remsen 69-20 Juno St, Queens, NY 11375 | K-5 | 0.5 mi |
Jhs 190 Russell Sage 68-17 Austin St, Queens, NY 11375 | 6-8 | 0.3 mi |
Hillcrest High School 160-05 Highland Ave, Queens, NY 11432 | 9-12 | 2.4 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 107-09 70th Rd Forest Hills
Date
Details
Price
Change
Source
1/30/2026
Price Reduced
$98,000
-65%
MLS
1/16/2026
Price Reduced
$280,000
-15.15%
MLS
1/04/2026
Price Reduced
$330,000
-31.25%
MLS
12/13/2025
Listed
$480,000
—
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 107-09 70th Rd Forest Hills
107-09 70th Rd Forest Hills, Forest Hills, NY 11375 (MLS# 943907) is a Business property. 107-09 70th Rd Forest Hills is currently listed for $98,000 and was received on December 13, 2025. Want to learn more about 107-09 70th Rd Forest Hills? Do you have questions about finding other Business real estate for sale in Forest Hills? You can browse all Forest Hills real estate or contact a Coldwell Banker agent to request more information.

