Turnkey Corner Restaurant | Prime Long Island City | New 10-Year Lease
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Established Italian restaurant located on a prime, high-visibility corner in the heart of Long Island City, benefiting from heavy foot traffic, strong residential density, and close proximity to public transportation.
The restaurant offers approximately 3,000 RSF total, with 1,500 RSF on the ground floor and an additional 1,500 RSF lower level. The lower level includes a prep kitchen, office space, and three brand-new walk-in boxes, allowing for efficient operations and volume support.
The entire build-out is less than two years old and in excellent condition, featuring a 13-foot commercial hood, pizza oven, modern mechanicals, and turnkey infrastructure. Seating includes 60 indoor dining seats, 12 bar seats, and approximately 40 outdoor seats.
A full liquor license is permitted, with operating hours through 2:00 AM. The landlord is offering a new 10-year lease to the incoming operator, providing long-term stability in a premier LIC corner location.
This is a rare opportunity to acquire an established business with a high-quality build-out in one of NYC’s most active and growing restaurant markets. Additional details available upon request.
The restaurant offers approximately 3,000 RSF total, with 1,500 RSF on the ground floor and an additional 1,500 RSF lower level. The lower level includes a prep kitchen, office space, and three brand-new walk-in boxes, allowing for efficient operations and volume support.
The entire build-out is less than two years old and in excellent condition, featuring a 13-foot commercial hood, pizza oven, modern mechanicals, and turnkey infrastructure. Seating includes 60 indoor dining seats, 12 bar seats, and approximately 40 outdoor seats.
A full liquor license is permitted, with operating hours through 2:00 AM. The landlord is offering a new 10-year lease to the incoming operator, providing long-term stability in a premier LIC corner location.
This is a rare opportunity to acquire an established business with a high-quality build-out in one of NYC’s most active and growing restaurant markets. Additional details available upon request.
About the Business
- Years in Operation
- 1
- Facilities & Assets
- Approx. 3,000 RSF total (1,500 ground floor + 1,500 lower level). Prime corner location with wraparound frontage. Full commercial kitchen with 13-ft hood, pizza oven, prep kitchen, ice machine, and three brand-new walk-in boxes. Seating for 60 dining, 12 bar, and ~40 outdoor. Lower level includes office and storage. Build-out less than 2 years old. Full liquor license permitted with 2:00 AM hours. New 10-year lease available.
- Market Outlook / Competition
- Located in the heart of Long Island City, one of NYC’s fastest-growing neighborhoods, surrounded by dense residential development, office space, and strong transit access. The area supports high year-round foot traffic and consistent dining demand. Limited availability of comparable corner restaurant spaces with full build-outs, liquor approval, and long-term lease options creates a strong competitive advantage for an established operator.
- Opportunities for Growth
- Opportunities to increase revenue through expansion of the liquor program, late-night service up to 2:00 AM, catering and private events, enhanced delivery and takeout, and optimized menu pricing. Corner visibility, high seating capacity, and efficient prep space support scalable volume growth under experienced management.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,000
- Rent
- $16,500.00 per month
- Lease Expiration
- 5/31/2034
About the Sale
- Seller Motivation
- Managing partner is relocating out of town to pursue a different business opport
Listing Info
- ID
- 2460946
- Listing Views
- 13
Listing ID: 2460946 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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