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Vented Restaurant with Liquor License
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118 MacDougal St, New York, NY 10012

Restaurant space with venting and active full liquor and hookah licenses; two frontages on MacDougal Street.

Property Size1,621 SF
Days on Market76

Property Features for 118 MacDougal St

General Information

Standard status Active
Size 1,621 SF
Property subtype RETAIL
Listing Agency: RES Commercial
Listed By: Yu Juan “June” Li · License #31AN1137931
Source: Moodyscre
Added: May 18 Changed: Jul 26 Last Checked: Aug 1 at 5:18AM

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 RES Commercial

Investment Insights

Based on property information with market context.

This vented, restaurant-ready establishment is currently operating and is offered with an active full liquor license and hookah license. The space includes two separate frontages on MacDougal, supporting prominent visibility on the block. The current operator is open to transferring and/or selling a 4am liquor license for negotiated consideration, if applicable to an interested concept.

For access and transit convenience, the property is close to the A, C, E, F, M, B, D and PATH train lines. The surrounding area includes a strong mix of dining and nightlife operators such as Saigon Shack, Artichoke Pizza, Minetta Tavern, Mamoun’s Falafel, Chocolate Dip Café Wha?, Comedy Cellar, Pappas, Playa Bowls, and Van Leeuwen.

The premises are shown by appointment only since the restaurant is in operation. No key money is being required with the new direct lease, and the asking rent is upon request.

Key Highlights

  • Restaurant space with venting and is currently operating with an active full liquor license and hookah license
  • Two separate frontages on MacDougal Street for prominent exposure on the block
  • New direct lease available

Property Analytics

Current Use

Fast Tech Pros ... Electrical Service Luxor Lounge Bar & Pub

Suggested Use

Top Pick Nursing Home Daycare Center Auto Parts Store Pet Grooming Service Adult Day Care Buffet

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

32,577
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10012, NY

23,125
Population
14,568
Households
1.6
Avg Household Size
35
Median Age
83%
College-Educated
96%
High-School Grad
0.3 sq mi
ZIP Area
77,083
Density / Sq Mi
$130,938
Median Household Income
$88,301
Median Earnings
$2,731
Median Rent
$1,500,000
Median Home Value

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

  • Kikoo Sushi 141 1st Ave., New York, NY 10003
  • Bread and butter 233 West St, New York, NY 10013

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space with venting and active full liquor and hookah licenses; two frontages on MacDougal Street.
Where is this conventional restaurant located?
The property is located at 118 MacDougal St New York, NY.
What are key features of this property?
This property features: Restaurant space with venting and is currently operating with an active full liquor license and hookah license; Two separate frontages on MacDougal Street for prominent exposure on the block; New direct lease available
(212) 719-7017 Call to check price and availability
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