40-06 83rd Street 1
Elmhurst, NY, 11373 $ 179,000
Bedrooms-- Baths-- Sq 1,200 Monthly Estimate*
$ 1,236
for $179,000. This 1,200 square foot building was built in 1957.
LOCATION! Rare opportunity to acquire an established profitable authentic Mexican restaurant & Bakery. Restaurants/ Bakery has monthly income of approx. $54,166. Lease: 6 Years Left with 3% increase, Rent $9,250, Expenses a month: Gas $600, Water $380, Light $1500, 2 workers 1360. Real Estate Taxes $ 292 a month. Being in the business for 14 years. . Equipment : Stove, Microwave, oven, flat grill, charcoal grill, ;6 refrigerators, 1 walk in box, 3 freezer, ice maker. slicer, cash register POS, Have uber eats, deliver boy, QR code, plus dishes and extra supplies. 7 train, Bus lines Q29, La Guardia Airport, Huge building in the area, in a very busy area. Close to Elmhurst Hospital, banks, shopping centers, Clothing stores, schools, restaurants, bars, supermarket and much more.
See more
FeaturesGeneralSewer Public Sewer
Heating Other
Cooling Central Air
Utilities Cable Available Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Trash Collection Private Water Available Water Connected
Appliances Convection Oven Dishwasher Gas Oven Gas Range Ice Maker Microwave Refrigerator Gas Water Heater
Security Features Security System Smoke Detector(s)
Construction Materials Brick
Year Built 1957
Electric 120/240 Volts
Stories Count 2
Unit Number 1
Property Subtype Business
Tax Year 0
Business Type Restaurant
Business Name El Itacate
County Queens
Property Type Business Opportunity
Directions 40 Ave and 83rd Street
High School Newtown High School
City New York
High School District Queens24
Elementary School PS 89 Jose Peralta School Of Dreamers
Property Attached Y/N Y
Tax Annual Amount 0
Middle/Junior High School Is 73 Frank Sansivieri Intermediate School (The)
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Queens24
Elementary School District Queens 24
See more
InteriorBasement Finished
Total Stories 2
Common Walls No Common Walls
Basement Features Finished
Basement (Y/N) Y
Entry Level 1
See more
ExteriorWater Source Public
Building Area Total 1200
Waterfront Y/N N
See more
* Excluded FeaturesList ByGladys RamirezListing Agent
Telemundo Realty CorpBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,236
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 Elmhurst, NY
Average List Price $2,433,471
Percent of Sale Price 1,259%
About Elmhurst, NY 104,045 Population
4% Since 2002
$ 48,663 Median Income
38.84 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
4918638 Elementary School
5162785 Middle School
Newtown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/8/2026 | $179,000 | -0.56% | Price Down |
| 7/19/2026 | $180,000 | | Listed Price |