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    554 W 181St St, Unit New York Manhattan, NY 10033

    For Sale
    $225,000

    Business - New York (Manhattan), NY

    Type:Business
    Property size:
    38,750 SF
    Lot size:
    0.23 Acres
    Days on Market:
    205
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 554 W 181St St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Rooms
    Basement
    APN
    2153-0068
    Basement Y/N
    1
    Appliances
    Cooktop, Cooktop - Electric, Freezer, Oven - Convection, Range
    Size
    38,750 SF
    Lot size
    0.23 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1906
    Flooring type
    Tile
    Building materials
    Brick
    Architectural style
    Other

    BESMATCH REAL ESTATE (718) 324-6060 [email protected]

    Listing agent Adam Gonzalez (718) 324-6060 License #10401391492

    Listing date May 23, 2025

    MLS# 862848 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

    Established Restaurant in Manhattan For Sale

    Located on W 181st Street in Washington Heights, Manhattan, between Audubon Avenue and St. Nicholas Avenue, this well-established Spanish restaurant presents an opportunity for ownership. The business has operated for over 40 years and generates approximately $800,000 in annual revenue. The newly renovated storefront commercial property includes a spacious basement with a walk-in freezer. This turnkey business is situated in a high-traffic area and is suitable for investors or restaurateurs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    El Rey Del ... Restaurant Caridad Express Dominican Restaurant Faja Salome la ... Women'S Clothing Store Caridad Dominican Restaurant DolEx Dollar Express Financial Institution

    Suggested Use

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

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

    Similar Places Nearby

    Punto Final Food Truck, Woodys Eat Treats, Uptown Culinary Creations, PHLAVA Catering, Island Spice Grill Caribbean cuisine

    Location Insight

    • Map
    • Local Demand
    City
    Manhattan
    County
    New York
    State
    New York
    Longitude
    -73.9330380439
    Latitude
    40.8486884

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Spanish restaurant in high-traffic Manhattan location with spacious basement.
    Where is this restaurant located?
    The property is located at 554 W 181St St, Unit New York Manhattan, NY.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Turnkey, well-established Spanish restaurant operating for over 40 years with a loyal customer base.; - High-traffic location on W 181st Street in Washington Heights, Manhattan.; - Newly renovated storefront commercial property.
    (718) 324-6060
    Request Owner's contact information
    554 W 181St St, Unit New York Manhattan, NY 10033
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    Manhattan, NY 10033
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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
    554 W 181St St, Unit New York Manhattan, NY 10033
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