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Prime Restaurant Corner Opportunity
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1152 1st Ave, New York, NY

Restaurant space with high exposure on First Avenue.

Space Size1,908 SF
Lot Size0.05 Acres
Days on Market322

Property Features for 1152 1st Ave

General Information

Standard status Active
Size 1,908 SF
Lot size 0.05 Acres
Property subtype RETAIL

Spaces For Lease

at 1152 1st Ave
1152 1st Ave $25,000/Mo
Floor 1
Size 1,908 SF
Type RETAIL
Availability AVAILABLE, Now
Sublease No
1152 First Ave (@ 63rd St) 1908 RSF Prime Restaurant Corner No Key $$ Not many retail locations have double bragging rights 1152 First Ave was the location of the Original TGIFridays!! & the Fictional Bar from the Tom Cruise Movie - Cocktail! Not to mention double exposure on both First Ave and E 63rd St 75' + Corner Exposure
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Listing Agency: Time Equities Inc.
Listed By: Scott Klatsky
Source: Moodyscre
Added: Nov 18, 2025 Changed: Oct 4 Last Checked: Oct 5 at 7:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Time Equities Inc.

Investment Insights

Based on property information with market context.

The property at 1152 First Ave (@ 63rd St) offers 1908 square feet of restaurant space. This prime corner location has significant exposure on both First Avenue and E 63rd St, with over 75 feet of corner frontage. Historically, this location was the site of the original TGI Fridays and the fictional bar from the movie Cocktail.

Key Highlights

  • Prime restaurant corner location
  • High‑visibility: boasts 75'+ corner exposure on First Ave and E 63rd St
  • Historically significant: original TGI Fridays location

Property Analytics

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Current Use

grandvaultgroup General Contractor Baker Street Irregulars Restaurant Shoe (Bike/Boat/Book/etc) Store Baker Street Pub Bar & Pub

Suggested Use

Top Pick Auto Parts Store Daycare Center Nursing Home Butcher Buffet Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

31,376
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Ivy Terrace — 155 E 44th St 7th floor, New York, NY 10017
  • Shay Gourmet — 310 E 46th St, New York, NY 10017
  • Farm Cut — 42-25 A Vernon Blvd, Long Island City, NY 11101
  • Major Croissant & Gourmet — 770 3rd Ave, New York, NY 10017
  • Village Crown — 216 E 49th St, New York, NY 10017

Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant space with high exposure on First Avenue.
Where is this restaurant located?
The property is located at 1152 1st Ave New York, NY.
What is the lease rate?
The lease rate is $25,000.
What are key features of this property?
This property features: Prime restaurant corner location; High‑visibility: boasts 75'+ corner exposure on First Ave and E 63rd St; Historically significant: original TGI Fridays location
(212) 206-6155 Call to check price and availability
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