HS Listing ID-70679
Deal Overview
Size: -750 SF
Seating: Limited (8–10 seats – primarily takeout/delivery)
Rent: $7,000/month ($84K annually)
Lease: 7-year lease, approximately 5 years remaining
Buildout: -$250,000 invested (high-end finishes – Ralph Lauren seating/lighting)
Kitchen: Full kitchen with hood (major value driver)
Pricing Strategy
Asking Price: $100,000 (priced for quick sale)
Positioning: Below market for fast close (aggressive pricing)
Valuation Notes
Asset sale – no financials driving valuation
Value based on:
FF&E and buildout recovery
Hood and vented kitchen (saves buyer time and permits)
Prime location
Limited seating and high rent cap upside, reflected in pricing
Key Selling Points
Fully vented kitchen (rare in NYC)
Turnkey – immediate operation possible
High-end buildout already completed
Prime Forest Hills retail corridor
Ideal for takeout and delivery-focused model
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
