Price Reduced 34.34%
Price History
$495,000
6/12/2025
$375,000
8/25/2025
$349,000
10/6/2025
$325,000
1/8/2026
4729 Vernon Boulevard, Long Island City, NY, 11101
1900
Owner Retiring-- Turnkey operation with proven cash flow LOCATION LOCATION LOCATION!!! Rare opportunity to acquire Madera Cuban Grill, a beloved Cuban restaurant with over a decade of proven success in the heart of Long Island City. Established in 2010, Madera is known for its authentic cuisine, vibrant atmosphere, and loyal customer base. Situated in a high-foot-traffic area near Manhattan, the restaurant benefits from strong daily exposure to local residents, commuters, and tourists. The neighborhood's rapid residential and commercial growth continues to drive demand for culturally rich dining experiences, positioning Madera perfectly for expansion. Immediate revenue growth opportunities include expanding catering services, online delivery, and private event hosting. The business features a fully equipped kitchen, stylish build-out, and a transferable lease with favorable terms. Highlights: Turnkey operation with established brand and reputation Prime location in a booming neighborhood Strong delivery, takeout, and catering potential Consistent customer traffic and loyal clientele Growth-ready concept ideal for franchising or scaling Perfect for experienced restaurateurs or investors seeking a scalable, culturally vibrant concept with strong roots and exciting growth prospects. Serious inquiries only. NDA required for financials and additional information.
Status:
Active
Type:
Commercial
Basement:
Finished, Storage Space, Walk-Out Access
Acreage:
0.06
Est. Taxes:
$15,869
Assessment
$262,800
Days on Market:
210
MLS #:
877021
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Bouklis Group Marketing Corp 718-685-2775