NYC Dispensary for Sale in Queens with High Foot Traffic
Financial Details
- Asking Price:
- $2,000,000
- Profit Metric:
- N/A
- Location:
- South Richmond Hill, NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents an opportunity to acquire a licensed New York City Dispensary located in the bustling South Richmond Hill neighborhood of Queens. Situated at a prime intersection with very high foot traffic, the location benefits from exceptional public transportation access, including the A Train subway line and a bus stop directly in front of the premises, as well as proximity to JFK airport. The business is an asset sale and includes the CAURD license. The dispensary build-out is partially completed, with all electrical and plumbing up to code. The buyer will be responsible for the remaining aesthetic build-out, such as painting, flooring, and shelving, which requires no additional permitting and is expected to be at a modest cost. The leased premises consist of 1,900 sq. ft. on the ground floor and an 800 sq. ft. basement, with a monthly NNN rent of $11,000 and 3% annual escalations. The lease offers three five-year options to renew. Seller financing is available for a credit-worthy buyer, and the seller is willing to assist in the transition.
Industry Information
- Industry Description:
- Dispensary
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 2024
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $11,000 USD
- Lease Expiration:
- 2029
Broker Contact
- Name:
- Karen Muller
- Company:
- Cannabis Business Brokers, Inc
- Phone:
- 949-386-7131
Listing Details
- Listing ID:
- 8c7aa487-6eff-498d-9746-c8bc497d4bdc
- Source Listing ID:
- 2308638
- Deal Status:
- For Sale
- Last Updated:
- September 15, 2025
- Currency:
- USD