Opportunity to own a profitable and fully operating Luxurious Asian Fusion Fine Dine Restaurant with Premier Party Halls located right on Liberty Ave at the Queens/Brooklyn border! Established at a excellent corner property since 2024, the 1st fl features a 50 seats Dine-in Restaurant serving Halal South Asian Cuisine and an event hall with 190 seating. The Basement has the 2nd hall with 150 seating along with a separate entrance and kitchen storage area. Central Heating and Cooling, 3 separate Restrooms, modern Lighting and Sound system. Selling as is with inventory, equipments and fixtures. Current rent $16,000, paying for electricity and gas only; 15years existing lease with 5 years option available. Great Visibility, Heavy foot Traffic, close to Buses, A Train, Shops and Supermarkets. Don't Miss Out!
| MLS # | 1055152 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Building Name | Labonno Fine Dining & Party Hall |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 47 |
| Listing Provided By | Exit Realty Prime | Sarwor Khan CBR |
| SQ Feet | 3,300 |
|---|---|
| Basement | Y |
| Zoning | R5 |
| Acreage | 0.05 |
| Cooling | Central Air |
|---|---|
| Heating | Natural Gas |
| Construction Materials | Brick |
|---|
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 52920 |
| Tax Annual Amount | 0 |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11208 |
| Listing VS Median (in 11208) | |
Price: $1,499,999 low | high Med: $899,000 sqft: 3,300 low | high Med: 1,554 $ / sqft: $455 low | high Med: $579 On site: 47 low | high Med: 161 | |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11208 |
| Listing VS Median (in 11208) | |
Price: $1,499,999 low | high Med: $899,000 sqft: 3,300 low | high Med: 1,554 $ / sqft: $455 low | high Med: $579 On site: 47 low | high Med: 161 | |
![]() | $1,350,000142 Forbell StreetBrooklyn, NY 11208 |
![]() | $1,350,000142 Forbell StreetBrooklyn, NY 11208 |