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3519 Ditmars Boulevard, Astoria, NY, 11105 | $500,000
Prime corner hospitality opportunity in Astoria. Turnkey cafe/bar/restaurant 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 established operations and infrastructure in place. Current hours have been 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 business 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).
Features
- Property Type: Business Opportunity
- Units: 1
- Year Built: 1931
- Acreage: 0.05
- Est. Taxes: $38,309
- Lot Desc: Corner Lot
- MLS#: 966385
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/966385/3519ditmarsboulevard_astoria_ny?source=qrflyer
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
3519 Ditmars Boulevard, Astoria, NY, 11105
$500,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $400,000 | $400,000 | $400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.407% | 6.533% | 5.920% |
| Monthly Tax Payment | $3,192 | $3,192 | $3,192 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,398 | $2,495 | $3,295 |
| Total Monthly Payment | $5,682 | $5,779 | $6,579 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535