Betsy Petrocelli
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40-06 83rd Street , Elmhurst, NY 11373

$180,000
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Betsy Petrocelli
Call: (718) 970-0251
Text: (718) 970-0251

New to the Market
BEDS0 BATHS MLS#1027872
STATUSActive PROPERTY TYPECommercial - SCHOOLQueens24
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Property Description

LOCATION! Rare opportunity to acquire an established profitable authentic Mexican restaurant & Bakery. Restaurants/ Bakery has a weekly income of approx. $11,200. Lease: 6 Years Left with 3% increase. Steps to 7 Train and Bus lines in a very busy area. Close to Elmhurst Hospital, banks, shopping centers, Clothing stores,

40-06 83rd Street | MLS# 1027872

This commercial property located at 40-06 83rd Street , Elmhurst, NY 11373 is currently listed for sale with an asking price of $180,000. 40-06 83rd Street is located within the Queens24 school district. Search Elmhurst real estate on betsypetrocelli.laffey.com today.

Property Features

Property Type: Commercial -
Basement: Finished
Basement: Yes
Cooling: Central Air
Heating: Baseboard
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
Electric: 120/240 Volts
Exterior: Brick
On Market Date: 2026-07-18
Property Attached Y/N: 1
Rental Term: Monthly
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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Preferred Communication Method

Listed By / Shown By

Listing By

Agency Name: Telemundo Realty Corp
Agency Contact: 718-205-3737

Shown By

Agent Name: Betsy Petrocelli
Agent Phone: (718) 970-0251
Agency Title: Laffey Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/19/2026. The listing information on this page last changed on 07/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 07/19/2026 12:36:16 PM EST) or OneKey MLS (last updated Sun 07/19/2026 12:34:37 PM EST). Real estate listings held by brokerage firms other than Laffey Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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