Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3xx 7Th Ave, Unit New York Manhattan, NY 10001

    For Sale
    $1,380,000

    Business - New York (Manhattan), NY

    Type:Business
    Property size:
    3,816 SF
    Lot size:
    0.29 Acres
    Days on Market:
    70
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 3xx 7Th Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Rooms
    Basement
    APN
    0778-0043
    Basement Y/N
    1
    Size
    3,816 SF
    Lot size
    0.29 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1929
    Architectural style
    Other

    CHASE GLOBAL REALTY CORP (347) 226-0870 [email protected]

    Listing agent Fei Guo (718) 500-2231 License #10311210012

    Listing date Oct 3, 2025

    MLS# 920422 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

    Chelsea Restaurant Business Opportunity

    Located in the heart of Chelsea, Manhattan on 7th Avenue, this uniquely designed 5-star restaurant is available for sale. The property features 3,816 square feet on the 1st and 2nd floors, complemented by a 1,781 square foot basement accessible via elevator. The basement includes a walk-in cooler/freezer and full equipment. The restaurant was fully renovated two years ago, showcasing stunning modern interiors. It includes front window service, a full commercial kitchen, a bar area, and a dining space with 98 seats. The restaurant benefits from a 20-year lease, with 18 years remaining, at rent and property tax far below market value. The location offers prime visibility with wide glass frontage and proximity to Penn Station and multiple subway lines. The lot size is 0.2884 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

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

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

    Similar Places Nearby

    Cater To You, Coppa Sandwiches, Ronnie Davis Productions, MOCHA SHABBAT, Cafiero Lussier Caterers

    Location Insight

    • Map
    • Local Demand
    City
    Manhattan
    County
    New York
    State
    New York
    Longitude
    -74.001147
    Latitude
    40.736608

    Nearby Similar for Sale

    • New
      $4,999,950

      Manhattan Multifamily Building Near Grand Central

      Multifamily property near Grand Central Terminal with redevelopment potential.
      113 E 39Th St, Manhattan, NY 10016
      View Details
    • New
      $4,999,950
      0.04 Acres

      Manhattan Multifamily Building Near Grand Central

      Multi-family property near Grand Central Terminal with redevelopment potential.
      115 E 39Th St, Manhattan, NY 10016
      View Details
    • $15,750,000
      6,543 SF

      West Village Renovated Mixed-Use Townhouse

      Renovated townhouse with commercial space and residential unit.
      430 Hudson St, Manhattan, NY 10014
      View Details
    • New
      $1,790,000
      0.04 Acres

      Mixed-Use Building in Manhattan

      Mixed-use building with vintage appeal near transportation and amenities.
      200 W 139Th St, Manhattan, NY 10030
      View Details
    • $3,600,000
      0.04 Acres

      East Harlem Mixed-Use Building

      Renovated mixed-use property in East Harlem with retail space.
      2296 2Nd Ave, Manhattan, NY 10035
      View Details
    • $1,278,000
      1,166 SF

      Professional/Medical Condo with 24/7 Access

      Professional/Medical condominium in a building with 24/7 access.
      161 Madison Ave, Manhattan, NY 10016
      View Details

    FAQs

    What type of property is this?
    Restaurant - Renowned Chelsea restaurant for sale with below market value lease.
    Where is this restaurant located?
    The property is located at 3xx 7Th Ave, Unit New York Manhattan, NY.
    What is the asking price?
    The asking price for this property is $1,380,000.
    What are key features of this property?
    This property features: - Prime Chelsea location on 7th Avenue in Manhattan, offering high visibility and foot traffic.; - Profitable business opportunity with an ROI of only 1 year and 7 months.; - Long-term lease with 18 years remaining at below-market rent and property tax.
    (718) 500-2231
    Request Owner's contact information
    3xx 7Th Ave, Unit New York Manhattan, NY 10001
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3xx 7Th Ave, Unit New York
    Manhattan, NY 10001
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3xx 7Th Ave, Unit New York Manhattan, NY 10001
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.