Come establish your restaurant/bar in one of the hottest and fastest growing areas in NYC! Set your mark in LIC without the headache of building out a space and kitchen. We are selling a fully buildout restaurant and bar that features 3 floors, outdoor space, 2 bars, a full kitchen that can handle any type of restaurants, and an amazing space setup. 3 levels (First, Second, and fully finished and usable Basement). Each floor is 2500 SF. Lease still has approximately 8 years left with great lease terms. Many new buildings are opening up in the area this year!
Selling as a turnkey restaurant and bar venue. Owners are open to hear offers and potentially be interested in a joint venture.
Basement:
Finished, Walk-Out Access
Appliances:
Cooktop, Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Gas Oven, Ice Maker, Refrigerator, Stainless Steel Appliance(s)
5-14 51 Avenue, New York, (Long Island City), NY, 11101
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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