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$380,000
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Property Description
Exceptional restaurant opportunity available in the heart of Long Island City. This fully built-out hotpot restaurant offers approximately 2,800 SF on the main floor, plus an additional 2,000 SF of basement space ideal for storage, prep, or private dining. The premises are equipped with a hard liquor license, modern infrastructure, and a layout designed for high-volume operations. The business demonstrates consistently high sales performance and benefits from a long lease term, providing both stability and future growth potential for a new operator. Surrounded by luxury residential towers, offices, and a dynamic population of young professionals, this location enjoys steady foot traffic and strong neighborhood demand for dining and nightlife options. This is a rare chance to step into a turnkey restaurant in one of New York's fastest-growing waterfront communities. With its strong fundamentals and prime location, this opportunity is perfectly suited for an experienced restaurateur looking to establish or expand their presence in Long Island City.
Full Property Details
Full Property Details for 47-30 Vernon Blvd
General
- Price: $380,000
- Taxes: $5,000
- Status: Active
- Type: Business
- Source: Long_Island
- MLS ID: 1034252
- Updated: 8/3/2026
- Added to Site: 40 day(s) ago
Business
- Business Type: Restaurant
Location
- County: Queens
Structural Information
- Detached/Attached: Detached
- Basement: Yes
- Basement Desc.: Finished
- Entry Floor Number: 1
- Building Size: 2800
- Square Feet: 2,800
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.0574
- Lot Size (Sq. Ft.): 2,500
Financial Considerations
- Tax Amount: $5,000
Disclosures and Reports
- Special Conditions: None
- Property ID: 00030-0047
Listed by B Square Realty
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Schools
Schools serving 47-30 Vernon Blvd
School District:New York City Geographic School District 30
| Name | Grades | Distance |
|---|---|---|
P.S. 78 48-09 Center Blvd, Queens, NY 11109 | PK-5 | 0.2 mi |
Is 204 Oliver W Holmes 36-41 28th St, Queens, NY 11106 | 6-8 | 1.4 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 47-30 Vernon Blvd
Date
Details
Price
Change
Source
8/03/2026
Listed
$380,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 47-30 Vernon Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$68,584
—
$552,500
1%
2025
$68,584
8%
$548,670
-25%
2024
$63,514
8%
$729,450
55%
2023
$58,809
4%
$470,399
-31%
2022
$56,306
1%
$685,350
-8%
2021
$55,915
6%
$746,550
3%
2020
$52,643
8%
$724,950
20%
2019
$48,743
6%
$604,260
67%
2017
$46,023
2%
$361,845
3%
2016
$45,203
8%
$350,629
8%
2015
$41,826
8%
$324,657
8%
2015
$38,643
3%
$300,609
8%
2013
$37,390
—
$278,343
—
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 47-30 Vernon Blvd
47-30 Vernon Boulevard, Long Island City, NY 11101 (MLS# 1034252) is a Business property. 47-30 Vernon Boulevard is currently listed for $380,000 and was received on August 03, 2026. Want to learn more about 47-30 Vernon Boulevard? Do you have questions about finding other Business real estate for sale in Long Island City? You can browse all Long Island City real estate or contact a Coldwell Banker agent to request more information.

