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$ 250,000
Est. payment | /mo
$ 250,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1064035
Rental Info No
Property Sub-Type Retail
Source onekey2
Property Description
Turnkey grocery/deli opportunity in the heart of Jackson Heights. This well-established neighborhood market posted $499,538 in gross sales for 2025 at a 49% gross margin, generating approximately $98,000 in seller's discretionary earnings. Fresh $150,000 buildout — come in and operate from day one with zero renovation needed.
The standout value is the lease: a 9-year term running through September 2033 plus a 5-year renewal option, securing up to 14 years of occupancy in one of Queens' densest, highest traffic retail corridors. Street-level visibility in a neighborhood where grocery demand never sleeps. Large full finished basement with office, bathroom, and tons of space storage also available meaningful upside for an inventory-heavy operation.
Offered at $250,000 plus inventory at cost — just 2.5x earnings for a cash-flowing business with decade-plus lease security. A rare chance for an owner-operator or investor to acquire a proven Jackson Heights market with long runway and real upside. Proof of funds and confidentiality agreement required prior to disclosure.
The standout value is the lease: a 9-year term running through September 2033 plus a 5-year renewal option, securing up to 14 years of occupancy in one of Queens' densest, highest traffic retail corridors. Street-level visibility in a neighborhood where grocery demand never sleeps. Large full finished basement with office, bathroom, and tons of space storage also available meaningful upside for an inventory-heavy operation.
Offered at $250,000 plus inventory at cost — just 2.5x earnings for a cash-flowing business with decade-plus lease security. A rare chance for an owner-operator or investor to acquire a proven Jackson Heights market with long runway and real upside. Proof of funds and confidentiality agreement required prior to disclosure.
Location
State NY
County Queens
Rooms
Basement Finished, Full, Storage Space, Walk-Out Access
Interior
Flooring Vinyl
Fireplace No
Others
Special Listing Condition None
Listed by Keller Williams Realty Elite • Melissa D. Erul
Nearby Locations
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Jeffrey Jimenez
Licensed Real Estate Salesperson License ID: 10401267947