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    49-61 E 8Th St New York, NY 10011

    For Sale
    $163,000

    Turnkey restaurant with well-equipped kitchen and captivating atmosphere.

    Property size:
    1,300 SF
    Lot size:
    3.01 Acres

    Property Features for 49-61 E 8Th St

    General Information

    Size
    1,300 SF
    Lot size
    3.01 Acres

    Source: Brooklyn Real Property Inc | Downtown Brooklyn Agent Clever Uruchima

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant Ready for Operation

    This turnkey restaurant property, encompassing 1300 square feet, features stunning aesthetics and is noted for its cleanliness. The establishment is ready for immediate operation, offering a beautiful ambiance suitable for new ownership. It includes a well-equipped kitchen and prep area, featuring a walk-in refrigerator and freezer, ample storage space, and compliant sinks. A dedicated office area is also included. The property is ideal for culinary entrepreneurs seeking a fully functional setup to launch their culinary concepts and ambitious restaurateurs ready to thrive in a vibrant environment, offering a captivating atmosphere.
    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.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.998593
    Latitude
    40.7333167

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    FAQs

    What type of property is this?
    Turn key restaurant - Turnkey restaurant with well-equipped kitchen and captivating atmosphere.
    Where is this turn key restaurant located?
    The property is located at 49-61 E 8Th St New York, NY.
    What is the asking price?
    The asking price for this property is $163,000.
    What are key features of this property?
    This property features: - Turnkey restaurant ready for immediate operation.; - Well-equipped kitchen with walk-in refrigerator and freezer.; - Ample storage space.
    (347) 686-5945
    Request Owner's contact information
    49-61 E 8Th St New York, NY 10011
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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
    49-61 E 8Th St New York, NY 10011
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