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    1007 Lexington Ave, Unit New York Manhattan, NY 10021

    Sponsored
    For Sale
    $600,000

    Business Opportunity - New York (Manhattan), NY

    Property size:
    4,165 SF
    Lot size:
    0.03 Acres
    Days on Market:
    317
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 1007 Lexington Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    1407-0153
    Basement Y/N
    1
    Appliances
    Cooktop, Cooktop - Gas, Dishwasher, Freezer, Ice Maker, Microwave, Oven - Convection, Oven - Gas, Washer
    Size
    4,165 SF
    Lot size
    0.03 Acres

    Building Details

    Year built
    1910
    Flooring type
    Tile
    Architectural style
    Other

    Fave Realty Inc (646) 642-4340 [email protected]

    Listing agent Jason Sukhnandan (516) 519-8049 License #10401383853

    Listing date Feb 23, 2025

    MLS# 811171 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant Opportunity in Manhattan

    This is a turnkey restaurant opportunity located in New York (Manhattan), NY. The property has been recently renovated and includes equipment. It offers seating for 40 to 45 people. The property is suitable for restaurants, retail properties, and turnkey restaurant businesses. The living area encompasses 4165 square feet. The lot size is 0.0273 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    María Mulata Colombian ... Colombian Restaurant

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Viva Events & Catering NYC, Ginger Man Kosher Catering NYC, Rave, Catering & Event Planning, Paragon Catering & Events, Darbar Catering Services

    Location Insight

    • Map
    • Local Demand
    City
    Manhattan
    County
    New York
    State
    New York
    Longitude
    -73.961705564726
    Latitude
    40.77071705

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    FAQs

    What type of property is this?
    Restaurant - Recently renovated restaurant with equipment included, seating 40-45 people.
    Where is this restaurant located?
    The property is located at 1007 Lexington Ave, Unit New York Manhattan, NY.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Recent renovations make this space move-in ready.; - Seating capacity of 40-45 people.; - Equipment included for a smooth transition.
    (516) 519-8049
    Request Owner's contact information
    1007 Lexington Ave, Unit New York Manhattan, NY 10021
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    Manhattan, NY 10021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1007 Lexington Ave, Unit New York Manhattan, NY 10021
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