Astoria Absentee Storefront
Listing ID
NY0487
Specialty
General Dentist
Annual Collections
$610,000
Asking Price
Upon Request
New Patients
50/mo
Ownership Structure
Absentee Owner
Operatories
6 Ops
Floor Space
1,900 sqft
Real Estate
Commercial Building
Condition
Fully Renovated
Details
Astoria Absentee Storefront
Prime Astoria storefront on busy 31st Street, just steps from the subway, offering high visibility in a thriving corridor with strong patient demand.
Associates and specialists have performed dentistry in the office for many years, providing a broad range of services and a stable patient base.
The practice is housed in a fully renovated 1,900-square-foot space within a commercial building and features 6 operatories, ready for immediate ownership transition.
- Practice metrics: Patients per month — 50; Gross revenue — $610,000; Current hours — 35/week; Payor mix: 25% PPO, 20% CASH, 55% government plans
- Technology & equipment: Dentrix, networked; Cone Beam CT; Digital X-Rays; Implant motor; Rotary endo
- Ownership potential: Absentee owner; owner currently manages but does not chairside; opportunity for new owner to work chairside and/or expand hours; potential to attract more FFS/PPO patients
- Location & market: Busy 31st Street location near the subway; East River Ferry stop nearby; area undergoing a major boom with new construction and luxury housing along the East River
- Ownership & terms: Listing price: Upon Request; Fully renovated; Commercial building
This is a turnkey opportunity for a dentist seeking a well-established practice in a vibrant market with significant growth potential in Astoria.
Erik L. Andrieux, Esq.
Erik is a business, corporate healthcare, and real estate attorney and broker with a focus on dental practice acquisitions. Known for facilitating deals with integrity and ingenuity, Erik leverages his comprehensive healthcare industry insight to deliver practical, results-oriented solutions. His approach centers on innovation and efficiency, addressing clients' legal challenges with keen negotiation skills and a client-focused outlook. By partnering with clients at all transactional stages—from preparing the initial term sheet to drafting the purchase agreement, negotiating terms, reviewing due diligence, and managing the closing—Erik ensures thorough and effective legal support. Healthcare practices also turn to him for strategic advice on employment issues, regulatory compliance, legal documentation, and growth strategies. According to Erik, his legal expertise in this field has been his single greatest asset in brokering dental transitions. He has a B.S. in business administration from Georgetown University and a J.D. from Brooklyn Law School.
