2808 Steinway St, Astoria, NY 11103

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Off Market
Zestimate®: $518,507
Rent Zestimate®: $2,468/mo
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My Notes

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This well known and established Cafe and Hookah Lounge is a relaxing Middle Eastern Lounge with great food, beer and wine, hookah, Shisha, Nargila with 36 fruit flavors as well as many fresh fruit flavored Hookahs.
Located at heart of Astoria, Steinway street ,it is called" Hookah Center of NY".Amid a pillow-lined lounge bathed in scarlet-infused light,This Cafe forges flavors foreign and familiar while treating taste buds to diverse hookah varieties. Being an Middle Eastern restaurant, shisha lounge, and hookah bar. serves a young and diverse crowd.Of course, your evening won't be complete without partaking in one of their delicious ultra smooth hookahs.
An array of hookah varieties , with aromas ranging from cappuccino or coconut to alcohol-inspired merlot or apple-martini essences.
The hookah-lounge atmosphere is complemented by a full bar, stocked with top-shelf liquors,also carry a selection of domestic and imported beer as well as fine wines.
Weekends kick off on Friday with live DJ . Later in the evening they offer exotic entertainment in the form belly-dancing from some of the best belly dancers out there.
In a flavorful and competitive courtship, the lovelorn vegetarian sampler pits rich hummus against creamy baba gannouj to win the hearts, minds, and delicious dippability of fresh pita bread and crispy falafel. Providing meaty morsels for the protein-depleted, the shish kebab platter is stocked with the tastes of tender charcoal-grilled lamb alongside lettuce, tomato, and tahini sauce. More indigenous aromas can be found in dishes such as the hearty philly-cheesesteak sandwich, topped with onions and peppers, and the lightly sautéed crab cakes, served with rice and salad.
This profitable business has a gross sales of over $600,000 a year,with low monthly expenses . 50 % of sales are from Bar, food and hookah each are 25 % of gross sales .Financial records will be opened to qualified buyers only. Opens 7 days a week from 6 pm to 4 am. Has potential of producing higher income if the new owner decides to open for lunch, or brunch.Over 1700 Sq Ft with additional 800 Sq ft of basment for storage.
To view this place it is only shown by appointment accompanied by broker ONLY.
H .Azizian
NYS Licensed Asoociate Real Estate Broker
East Coast Realtors
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Facts

  • Lot: 1,783 sqft
  • Miscellaneous
  • Built in 1925
  • Views: 1,184 all time views
  • Cooling: Central

Features

  • Cable Ready

      Other

      • Zillow Home ID: 2116968658

      Zestimate Details

      Zestimate
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      $518,507
      +$28,853 Last 30 days
      $446K
      $576K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $2,468/mo
      +$47 Last 30 days
      $1.9K
      $3K
      Zestimate range
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      $XXX,XXX
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      Popularity on Zillow

      1,184 all-time views
      of this home (chart)

      Comparable Homes

      Homes like this sold for $460-875K.

      $400K
      $940K

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      Neighborhood

      Market guide

      Zillow predicts Astoria home values will increase 2.1% next year, compared to a 2% rise for New York as a whole.

      Foreclosures will be a factor impacting home values in the next several years. In Astoria, the number of foreclosures waiting to be sold is 25% less than in New York, and 94.3% less than the national average. This lower local number could help Astoria home values rise more quickly than other regions in New York.

      Learn more about forecast calculations or Astoria home values.
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