Restaurant Asset Sales in Queens

Queens's restaurant submarkets each carry distinct customer bases, lease economics, and concept fit. Choosing the right one matters as much as the concept itself.

• Flushing: Flushing is the most concentrated Asian food market in the United States and rivals any neighborhood in Asia for variety and authenticity. Lease rates on Main Street and the surrounding blocks run $55 to $95 per square foot. The customer base is global tourists, regional food travelers, and a deep local Asian American community.
• Astoria: Astoria has anchored New York's Greek and Mediterranean food scene for decades and now houses one of the most diverse independent restaurant communities in the US. Lease rates run $50 to $85 per square foot. Strong year round local traffic with growing Manhattan day tripper draw.
• Long Island City: Long Island City has transformed into one of the most actively developed corridors in NYC. New residential and office towers have created a young, affluent customer base. Lease rates run $55 to $85 per square foot, with strong weekday daytime traffic from corporate offices.
• Jackson Heights and Corona: Jackson Heights and Corona anchor New York's Colombian, Mexican, Ecuadorian, and South Asian food scenes. Lease rates remain among the most accessible in NYC at $35 to $60 per square foot, with extremely strong neighborhood food cultures and a customer base of locals and food destination diners.