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34-39 31st St 2,000 SF of Retail Space Available in Long Island City, NY 11106

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SUBLEASE HIGHLIGHTS

  • Heavy food traffic
  • Turn key Bar - Restaurant
  • High ceilings
  • Fully furnished

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 2,000 SF
  • Negotiable
  • $61.00 /SF/YR $5.08 /SF/MO $122,000 /YR $10,167 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Fully built out and furnished Bar/Restaurant in the heart of Long Island City, New York City. Turn key business available for lease, with favorable terms! This space has a fully operational and built out vented kitchen. The space is fully furnished with a full bar, tables, seating and equipment, along with a state of the art sound system. *Key money upon request* Contact us for more information

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition
  • Central Air and Heating
  • Freezer Space
  • Wi-Fi Connectivity
  • Security System
  • Closed Circuit Television Monitoring (CCTV)
  • High Ceilings
  • Secure Storage
  • After Hours HVAC Available
  • Smoke Detector
Space Size Term Rental Rate Rent Type
1st Floor 2,000 SF Negotiable $61.00 /SF/YR $5.08 /SF/MO $122,000 /YR $10,167 /MO Triple Net (NNN)

1st Floor

Size
2,000 SF
Term
Negotiable
Rental Rate
$61.00 /SF/YR $5.08 /SF/MO $122,000 /YR $10,167 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Fully built out and furnished Bar/Restaurant in the heart of Long Island City, New York City. Turn key business available for lease, with favorable terms! This space has a fully operational and built out vented kitchen. The space is fully furnished with a full bar, tables, seating and equipment, along with a state of the art sound system. *Key money upon request* Contact us for more information

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition
  • Central Air and Heating
  • Freezer Space
  • Wi-Fi Connectivity
  • Security System
  • Closed Circuit Television Monitoring (CCTV)
  • High Ceilings
  • Secure Storage
  • After Hours HVAC Available
  • Smoke Detector

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SELECT TENANTS AT 34-39 31ST ST, LONG ISLAND CITY, NY 11106

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • 1 Emergency A 24 Hour LCKSMTH
  • Home Accessories
  • 1
  • -
  • A1 Printing Products Corp
  • Professional, Scientific, and Technical Services
  • 1
  • -
  • Empire Group
  • Manufacturing
  • 1
  • -
  • Papa Johns
  • Pizza
  • 3,913
  • International
  • Peter Executive Limo Corp
  • Transportation and Warehousing
  • 1
  • -
TENANT DESCRIPTION US LOCATIONS REACH
1 Emergency A 24 Hour LCKSMTH Home Accessories 1 -
A1 Printing Products Corp Professional, Scientific, and Technical Services 1 -
Empire Group Manufacturing 1 -
Papa Johns Pizza 3,913 International
Peter Executive Limo Corp Transportation and Warehousing 1 -

PROPERTY FACTS

Total Space Available 2,000 SF
Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 16,000 SF
Year Built 1956

ABOUT THE PROPERTY

Restaurant Asset Lease – Long Island City (31st Street) 2,000 SF • Full 4:00 AM Liquor License Presenting a turnkey restaurant opportunity located on 31st Street in Long Island City, one of the fastest-growing mixed-use corridors in New York City. The premises comprise approximately 2,000 square feet of well-configured ground-floor space suitable for a wide range of food and beverage concepts. The asset includes a full on-premises liquor license with service permitted until 4:00 AM, offering significant value for operators targeting both dinner and late-night markets. The interior features efficient back-of-house infrastructure, a vented kitchen, and a clean, adaptable dining layout. This location benefits from strong foot traffic, robust residential density, and proximity to major transportation hubs. The space delivers excellent street visibility and is positioned within a stable commercial strip with continued growth. This is an ideal opportunity for experienced hospitality groups or qualified operators seeking a prime LIC address with existing infrastructure and minimal downtime for launch.

Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

The Food Emporium
Buffalo Wild Wings
ConnectOne Bank
Dime Community Bank
Foodtown
Capital One
Citizens
Club Pilates
Orangetheory Fitness
Starbucks
  • Listing ID: 38553292

  • Date on Market: 11/24/2025

  • Last Updated:

  • Address: 34-39 31st St, Long Island City, NY 11106

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