NYC Dispensary for Sale in Queens with High Foot Traffic

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Financial Details

Asking Price:
$2,000,000
Profit Metric:
N/A
Location:
South Richmond Hill, NY, US
Source:
Date:
September 15, 2025

Key Highlights

Prime location in South Richmond Hill, Queens with very high foot traffic and excellent public transport access (A Train, bus stop).
Includes the valuable CAURD license and a partially completed, code-compliant build-out.
Seller financing available and lease renewal options for long-term security.

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