Space available for any retail-type business. Asset Sale of all Restaurant Equipment, Furnishings, and Inventory being sold "As Is" and reassignment of Lease with forty months left and option to negotiate renewal for 5 additional Years. Current Rent @ $4200 Per month. Utility - Gas & Elect $1300 per month. Gross Income approximately $40K per month.
This is a great location known as Chick N Drip which is directly across from Bayside LIRR Station. This spot is across from Chase Bank and half block from corner of Bell Blvd with loads of pedestrian and vehicular traffic day and night. This space is suitable to any type of food concept. Check out the Pictures and Virtual Tour. Restaurant does not show well due to needing intense cleaning.
213-02 42nd Avenue, New York, (Bayside), NY, 11361
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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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