Property Description

This flagship hotpot location at the prime corner of Prince Street and 37th Avenue features a long and secure 8-year remaining lease with a 5-year option, offering exceptional stability in one of the busiest dining corridors in Downtown Flushing. The main floor accommodates approximately 170 seats in a modern, well-maintained dining room with strong corner visibility and nonstop foot traffic from residents, commuters, and visitors. An exceptionally large and clean 4900SF dining space plus additional kitchen and office space supports high-volume operations with a full commercial kitchen. The kitchen is equipped with a walk-in cooler and walk-in freezer, ensuring robust cold storage capacity essential for hotpot, BBQ, and seafood concepts. The lower level includes a private office and an additional prep kitchen with its own workstations and a second walk-in cooler-ideal for storage, daily prep, central kitchen functions, or staff operations. The space currently holds a beer & wine license and is eligible for a full liquor license, providing immediate upside for new operators. With its valuable buildout, long lease term, and irreplaceable position at Flushing's most recognizable intersection, this space offers an ideal turnkey opportunity for hotpot, BBQ, seafood, or any high-capacity dining concept. Operators may choose to continue running a similar hotpot model or transition seamlessly into their own brand, offering exceptional flexibility for both experienced restaurateurs and expanding chains. *Key Money $680,000.

Property Features