ABOUT THIS ASSET

Positioned on a prominent corner in the heart of Long Island City, this turnkey Italian restaurant and wine bar presents a rare opportunity to acquire a fully operating hospitality business in one of New York City’s fastest-growing neighborhoods. The location benefits from exceptional visibility, dense residential development, a growing office population, and convenient access to Midtown Manhattan, creating consistent customer traffic throughout the day and evening.

The restaurant features approximately 3,000 RSF across a ground floor and full lower level, including a complete commercial kitchen, prep area, storage, pizza oven, three walk-in coolers, full bar, and liquor approval until 2:00 AM. Built less than two years ago, the space is offered fully equipped with a new 10-year lease available directly from the landlord.

• Skip the construction: A complete restaurant build-out is already in place, including commercial hood, pizza oven, prep kitchen, walk-in refrigeration, bar, and dining room. Open without the delays of permits or construction.
• Save significant capital: Acquire a near-new restaurant at a fraction of replacement cost, including valuable leasehold improvements, equipment, and infrastructure.
• Skip the permitting process: DOB approvals, hood installation, gas approvals, inspections, and late-hours liquor approvals have already been completed, allowing a much faster opening timeline.
• Long-term lease security: A brand-new 10-year lease is available directly from the landlord, providing stability for future operations.
• Prime corner visibility: Wraparound frontage and high pedestrian exposure create strong branding opportunities and consistent customer traffic.
• Growing market location: Long Island City continues to experience rapid residential, office, hotel, and mixed-use development, supporting long-term demand for hospitality businesses.

Included in the Sale

• Fully equipped commercial kitchen with 13-foot hood system
• Professional pizza oven
• Three brand-new walk-in refrigeration units
• Lower-level prep kitchen, office, and storage areas
• Ice machine and complete kitchen infrastructure
• Fully built dining room and modern bar
• Full liquor approval operating until 2:00 AM
• Approximately 3,000 RSF across two finished levels
• Near-new build-out completed less than two years ago
• New 10-year lease opportunity through the landlord
• Existing Italian restaurant concept that can continue or easily be rebranded
• Opportunity to open immediately without major construction or permitting delays