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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 - Vernon Blvd
General
- Price: $380,000
- Taxes: $5,000
- Status: Active
- Type: Business
- Source: Long_Island
- MLS ID: 906430
- Updated: 9/4/2025
- Added to Site: 168 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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Price & Sales History for - Vernon Blvd
Date
Details
Price
Change
Source
9/04/2025
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 - Vernon Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
100%
2024
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
100%
100%
2019
—
—
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 - Vernon Blvd
- Vernon Boulevard, Long Island City, NY 11101 (MLS# 906430) is a Business property. - Vernon Boulevard is currently listed for $380,000 and was received on September 04, 2025. Want to learn more about - 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.

