Description
Prime corner hospitality opportunity in Astoria. Turnkey cafe/bar/restaurant formerly operating as Tru Cafe at 35-19 Ditmars Blvd. Approx. 4,000 SF total—about 2,000 SF ground floor plus 2,000 SF basement utilized for back-of-house—with strong street presence and excellent visibility. Seating for 87 indoors and ~70 outdoors. Long-term lease with approximately 17 years remaining provides rare stability for a buyer seeking to build long-term value. Fully built-out space with existing infrastructure in place, allowing for a seamless transition or rebranding. The business is currently closed, and all financial figures reflect the most recent period of operation. Prior to closing, hours were limited (generally 5 PM–12 AM), with weekly gross sales in the ~$30K–$35K range. With expanded hours and full utilization of the prime corner location, the space is projected to support at least ~$55K in weekly gross sales. Owner is selling to focus on other ventures aligned with core competencies. Ideal for an experienced operator or concept looking to capitalize on a high-traffic Ditmars Blvd corridor location with significant upside. Additional information available upon qualified buyer review (including proof of funds and standard confidentiality requirements).
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School Ratings & Info
Description
Prime corner hospitality opportunity in Astoria. Turnkey cafe/bar/restaurant formerly operating as Tru Cafe at 35-19 Ditmars Blvd. Approx. 4,000 SF total—about 2,000 SF ground floor plus 2,000 SF basement utilized for back-of-house—with strong street presence and excellent visibility. Seating for 87 indoors and ~70 outdoors. Long-term lease with approximately 17 years remaining provides rare stability for a buyer seeking to build long-term value. Fully built-out space with existing infrastructure in place, allowing for a seamless transition or rebranding. The business is currently closed, and all financial figures reflect the most recent period of operation. Prior to closing, hours were limited (generally 5 PM–12 AM), with weekly gross sales in the ~$30K–$35K range. With expanded hours and full utilization of the prime corner location, the space is projected to support at least ~$55K in weekly gross sales. Owner is selling to focus on other ventures aligned with core competencies. Ideal for an experienced operator or concept looking to capitalize on a high-traffic Ditmars Blvd corridor location with significant upside. Additional information available upon qualified buyer review (including proof of funds and standard confidentiality requirements).
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