Price Reduced 20.00%
Price History
$500,000
3/2/2026
$400,000
4/17/2026
$500,000
4/18/2026
$400,000
4/19/2026
3519 Ditmars Boulevard, Astoria, NY, 11105
1931
Prime corner hospitality opportunity in Astoria. Turnkey cafe/bar/restaurant formerly operating as Tru Cafe at 35-19 Ditmars Blvd. Approx. 4,000 SF total—about 2,000 SF ground floor plus 2,000 SF basement utilized for back-of-house—with strong street presence and excellent visibility. Seating for 87 indoors and ~70 outdoors. Long-term lease with approximately 17 years remaining provides rare stability for a buyer seeking to build long-term value. Fully built-out space with existing infrastructure in place, allowing for a seamless transition or rebranding. The business is currently closed, and all financial figures reflect the most recent period of operation. Prior to closing, hours were limited (generally 5 PM–12 AM), with weekly gross sales in the ~$30K–$35K range. With expanded hours and full utilization of the prime corner location, the space is projected to support at least ~$55K in weekly gross sales. Owner is selling to focus on other ventures aligned with core competencies. Ideal for an experienced operator or concept looking to capitalize on a high-traffic Ditmars Blvd corridor location with significant upside. Additional information available upon qualified buyer review (including proof of funds and standard confidentiality requirements).
Status:
Active
Type:
Commercial
Units:
1
Basement:
Full
Acreage:
0.05
Est. Taxes:
$38,309
Assessment
$625,950
Lot Description:
Corner Lot
Days on Market:
46
MLS #:
966385
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Vential LLC 917-547-5581