Log In/Sign Up
Your email has been sent.
487 Seneca Ave - Key Money Sale 3 Unit Apartment Building Offered at $125,000 Ridgewood, NY 11385
Executive Summary
Key Money Sale: $125,000
Turnkey opportunity to acquire a fully operational café restaurant in the heart of Ridgewood. Located on a high foot-traffic block, this well-established café is currently known for its hearty sandwiches, breakfast offerings, soups, and café/bar snacks, serving a loyal neighborhood clientele.
The space features 650 sq ft on the ground-floor café plus a 954 sq ft fully built basement kitchen, offering ample prep, storage, and production capacity. The business is being offered as a lease assignment with competitive Ridgewood rent, making it an attractive opportunity for an owner-operator or hospitality group looking to step into a ready-to-run concept.
Included in the sale are a fully equipped kitchen, fixtures, and furnishings (excluding: mirrors, shelving and espresso grinder and drip), allowing for a seamless transition. The location also benefits from a renewable 4 AM liquor license, adding significant value and flexibility for expanded evening service.
Highlights:
- Key Money: $125,000
- Ground Floor Café: 650 SF
- Basement Kitchen: 954 SF
- Fully operational, turnkey café restaurant
- Lease assignment with competitive rent
- Renewable 4 AM liquor license
- Fully equipped kitchen and furnishings included
- Prime Ridgewood location with strong foot traffic
Ideal for a café operator, sandwich concept, or neighborhood restaurant seeking an established presence in one of Queens’ most vibrant dining corridors.
Turnkey opportunity to acquire a fully operational café restaurant in the heart of Ridgewood. Located on a high foot-traffic block, this well-established café is currently known for its hearty sandwiches, breakfast offerings, soups, and café/bar snacks, serving a loyal neighborhood clientele.
The space features 650 sq ft on the ground-floor café plus a 954 sq ft fully built basement kitchen, offering ample prep, storage, and production capacity. The business is being offered as a lease assignment with competitive Ridgewood rent, making it an attractive opportunity for an owner-operator or hospitality group looking to step into a ready-to-run concept.
Included in the sale are a fully equipped kitchen, fixtures, and furnishings (excluding: mirrors, shelving and espresso grinder and drip), allowing for a seamless transition. The location also benefits from a renewable 4 AM liquor license, adding significant value and flexibility for expanded evening service.
Highlights:
- Key Money: $125,000
- Ground Floor Café: 650 SF
- Basement Kitchen: 954 SF
- Fully operational, turnkey café restaurant
- Lease assignment with competitive rent
- Renewable 4 AM liquor license
- Fully equipped kitchen and furnishings included
- Prime Ridgewood location with strong foot traffic
Ideal for a café operator, sandwich concept, or neighborhood restaurant seeking an established presence in one of Queens’ most vibrant dining corridors.
Property Facts
| Price | $125,000 | Property Type | Multifamily |
| Price Per Unit | $41,667 | Building Size | 3,024 SF |
| Sale Type | Investment | No. Stories | 3 |
| Sale Conditions | Year Built | 1925 | |
| No. Units | 3 |
| Price | $125,000 |
| Price Per Unit | $41,667 |
| Sale Type | Investment |
| Sale Conditions | |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 3,024 SF |
| No. Stories | 3 |
| Year Built | 1925 |
1 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Rider's Paradise (99)
Bike Score®
Very Bikeable (81)
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
487 Seneca Ave - Key Money Sale
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.