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487 Seneca Ave 650 - 1,604 SF of Retail Space Available in Ridgewood, NY 11385
Highlights
- The 1,604 sqft property includes a fully equipped commercial kitchen, reducing upfront capital requirements for food and beverage operators.
- Located on a high foot traffic block in Ridgewood, ensuring strong visibility and consistent customer flow.
- A renewable 4am liquor license offers extended service hours and additional revenue potential for operators.
- A turnkey café setup allows for immediate business continuity with minimal downtime or renovation needs.
- All furniture, fixtures, and equipment are included, except for mirrors and select café items, providing a comprehensive operational package.
- Positioned in a growing Queens neighborhood with a vibrant dining scene, supporting long-term business viability.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Basement | 954 SF | Negotiable | $27.01 CAD/SF/YR $2.25 CAD/SF/MO $25,769 CAD/YR $2,147 CAD/MO | TBD | ||
| Ground | 650 SF | Negotiable | $27.01 CAD/SF/YR $2.25 CAD/SF/MO $17,557 CAD/YR $1,463 CAD/MO | TBD |
Basement
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.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 1,604 SF of adjacent space
- Basement
- Competitive Ridgewood lease terms
- Fully operational café setup
- Includes essential kitchen equipment
Ground
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.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 1,604 SF of adjacent space
- Basement
- Competitive Ridgewood lease terms
- Fully operational café setup
- Includes essential kitchen equipment
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,604 SF | Gross Leasable Area | 3,024 SF |
| Property Type | Retail | Year Built | 1925 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,604 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,024 SF |
| Year Built | 1925 |
About the Property
Located in the vibrant Ridgewood neighborhood of Queens, 4-87 Seneca Avenue offers a fully operational café space with a thoughtfully designed layout. The property features a welcoming ground-floor café area complemented by a spacious basement kitchen, providing ample room for food preparation and storage. Outfitted with a fully equipped commercial kitchen, the space includes essential fixtures and equipment, ensuring a smooth transition for continued use as a café or restaurant. The interior design combines functionality with charm, creating an inviting atmosphere for patrons. Positioned on a high foot traffic block, the property benefits from strong visibility and accessibility, making it an attractive destination for neighborhood residents and visitors alike. With its existing infrastructure and prime location, this property presents a unique opportunity for a food and beverage operator to establish or expand their presence in one of Queens’ most dynamic communities.
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487 Seneca Ave
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