Peter Guadagno
Licensed Real Estate Salesperson
REALTOR®
Peter Guadagno
Call: (cell) (917) 337-7621
Text: (917) 337-7621
BEDS0
BATHS
MLS#1027872
STATUSActive
PROPERTY TYPECommercial -
SCHOOLQueens24
Property Description
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.
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Finished
Cooling: Central Air
Heating: Other
Stories: 2.0
Taxes: $0
Year Built: 1957
Feature Descriptions
Appliances: Convection Oven, Dishwasher, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Gas Water Heater
Building Area Total: 1200
Business Name: El Itacate
Business Type: Restaurant
Common Walls: No Common Walls
Days on Site: 79
Electric: 120/240 Volts
Exterior: Brick
Heating Zones: 1
On Market Date: 2026-07-18
Property Attached Y/N: 1
Rental Term: Monthly
Security: yes
Security Features: Security System, Smoke Detector(s)
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Trash Collection Private, Water Available, Water Connected
Water: Public
Local Schools
High School: Newtown High School
Middle School: Is 73 Frank Sansivieri Intermediate School (The)
Elementary School: PS 89 Jose Peralta School Of Dreamers
School District: Queens24
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Listed By / Shown By
Listing By
Agency Name: Telemundo Realty Corp
Agency Contact: 718-205-3737
Shown By
Agent Name: Peter Guadagno
Agent Phone: Cell: (917) 337-7621
Agency Title: Laffey Real Estate
40-06 83rd Street, Unit 1 | MLS# 1027872
This commercial property located at 40-06 83rd Street, Unit 1, Elmhurst, NY 11373 is currently listed for sale with an asking price of $180,000. 40-06 83rd Street, Unit 1 is located within the Queens24 school district. Search Elmhurst real estate on peterguadagno.laffey.com today.