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107-09 70th rd Forest Hills

Forest Hills, NY 11375
  • $98,000
  • STATUS: Active
  • ON SITE: 57 Days
  • MLS #: 943907
Price Reduced
UPDATED: 37 min ago
$98,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

Motivated seller offers a well-established Japanese izakaya in the heart of Forest Hills, Queens. This turnkey operation features a loyal customer base, full liquor license, and consistent sales history. The business occupies a prime street-level location with high visibility and includes substantial leasehold improvements. Current owner is actively involved and committed to a smooth transition. Long-term lease in place with favorable terms through 2032. All utilities and operating expenses are current and fully documented. Ideal opportunity for an experienced operator or investor seeking a proven hospitality concept in a desirable residential and commercial corridor. Financials available to qualified buyers with signed confidentiality agreement.

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© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tessler Team. Data last updated: 2026-02-09T09:17:01.66.
www.thetesslerteam.com/homes/171377963
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107-09 70th rd Forest Hills Forest Hills, NY 11375

  • Price: $98,000
  • Status: Active
  • On Site: 57 Days
  • Updated: 37 min ago
  • MLS #: 943907
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
New York
County:
Queens
Area:
New York
Property Description
Motivated seller offers a well-established Japanese izakaya in the heart of Forest Hills, Queens. This turnkey operation features a loyal customer base, full liquor license, and consistent sales history. The business occupies a prime street-level location with high visibility and includes substantial leasehold improvements. Current owner is actively involved and committed to a smooth transition. Long-term lease in place with favorable terms through 2032. All utilities and operating expenses are current and fully documented. Ideal opportunity for an experienced operator or investor seeking a proven hospitality concept in a desirable residential and commercial corridor. Financials available to qualified buyers with signed confidentiality agreement.
Exterior Features

Parking Features Off Street

Interior Features

Basement YN No Ceiling Height 11 Elevator YN No

Property Features

Business Name Wakafune Izakaya Business Type Restaurant Description Of Business Japanese Restaurant Gross Income 840000 Listing Terms Cash Net Operating Income 134400 Special Listing Conditions None Sprinkler System YN Yes Usable Area 2415.00

Listing courtesy of Ting Wu of B Square Realty: 718-939-8388
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tessler Team. Data last updated: 2026-02-09T09:17:01.66.
 
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