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MLS ID KEY1023773Last updated Oct 13, 2026

Other

5802 37th Avenue

Active · Queens, NY 11377

Asking price$750,000Request a Showing
Year built
1957
Est. monthly taxes
$5,560.76
Property gallery0 / 20
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About this home

Turnkey Party Hall & Restaurant business for Sale! Don't miss this rare opportunity to own a fully renovated, turnkey party hall and restaurant business with outstanding income potential. This impressive venue features a spacious banquet hall accommodating up to 450 guests, plus a separate 50 seat restaurant, making it ideal for weddings, receptions, corporate events, private parties, and everyday dining. The commercial kitchen is fully equipped with high-quality, professional-grade equipment, including two walk-in refrigerators, four commercial gas ranges, two deep fryers, a 30-inch flat-top grill, a tandoor oven, automatic commercial dishwasher, holding cabinet warmer, four-compartment sink, six-burner gas range, two refrigerated salad preparation stations with assembly lines, and much more; allowing for efficient, high-volume food preparation. Additional highlights include a liquor license, elegant dining and banquet seating for 450 guests, valet parking, and a 10-year lease, providing long-term operational stability. Whether you're an experienced restaurateur, caterer, or investor seeking a thriving hospitality business, this fully operational venue is ready for immediate ownership and continued success.

Listing snapshot

Days on site
59 days
Listed on MLS
Jul 8, 2026
Annual property tax (MLS)
$66,729.12
Tax year
2025
Listing brokerage
KUS Realty Premier Inc
MLS ID
KEY1023773
Last updated
Oct 13, 2026

General features

Property type
Other
Year built
1957
Parking
Valet
Water source
Public
Sewer
Public Sewer
Utilities
Electricity Connected

Interior features

Heating
Electric
Cooling
Electric
Appliances
Convection Oven, Cooktop, Dishwasher, Dryer, Gas Oven, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer

Exterior features

Construction materials
Brick

Recent activity

  1. Listing updated from MLS
  2. MLS status changed
  3. First seen on this site

Location

Queens, NY 11377Show interactive map
5802 37th Avenue

Queens, NY 11377

Google Maps directions

Listing data is supplied by the MLS and may change without notice.