5802 37th Avenue
Woodside, NY, 11377 $ 850,000
Bedrooms-- Baths-- Sq 7,500 Monthly Estimate*
$ 5,367
for $850,000. This 7,500 square foot building was built in 1957 on a lot size of 0.1722.
Turnkey Party Hall & Restaurant for Sale! Don't miss this rare opportunity to own a fully renovated, turnkey party hall and restaurant business with outstanding income potential. This impressive venue features a spacious banquet hall accommodating up to 450 guests, plus a separate 50 seat restaurant, making it ideal for weddings, receptions, corporate events, private parties, and everyday dining. The commercial kitchen is fully equipped with high-quality, professional-grade equipment, including two walk-in refrigerators, four commercial gas ranges, two deep fryers, a 30-inch flat-top grill, a tandoor oven, automatic commercial dishwasher, holding cabinet warmer, four-compartment sink, six-burner gas range, two refrigerated salad preparation stations with assembly lines, and much more; allowing for efficient, high-volume food preparation. Additional highlights include a liquor license, elegant dining and banquet seating for 450 guests, valet parking, and a 10-year renewable lease, providing long-term operational stability. Whether you're an experienced restaurateur, caterer, or investor seeking a thriving hospitality business, this fully operational venue is ready for immediate ownership and continued success.
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FeaturesGeneralSewer Public Sewer
Heating Electric
Cooling Electric
Utilities Electricity Connected
Appliances Convection Oven Cooktop Dishwasher Dryer Gas Oven Gas Range Ice Maker Microwave Oven Refrigerator Stainless Steel Appliance(s) Washer
Zoning M1-1
Construction Materials Brick
Year Built 1957
Property Subtype Other
Tax Year 2025
Parcel Number 01213-0048
Business Type Bar/Tavern/Lounge
County Queens
Property Type Commercial Sale
Directions GOOGLE MAP
City New York
High School District Queens 27
Property Attached Y/N Y
Tax Annual Amount 66729.12
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Queens 27
Elementary School District Queens 27
Tax Assessed Value 688050
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ExteriorParking Features Valet Valet
Water Source Public
Building Area Total 7500
Waterfront Y/N N
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* Excluded FeaturesList ByKus Realty Premier IncBroker
Affordability Calculator
- Monthly Principal & Interest
- $5,367
- Monthly Property Taxes
- $5,561
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Woodside, NY
Average List Price $2,131,395
Percent of Sale Price 151%
About Woodside, NY 92,374 Population
4% Since 2002
$ 55,443 Median Income
39.42 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4098869 Elementary School
4099501 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/8/2026 | $850,000 | | Listed Price |