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    97 Lexington Ave New York, NY 10016

    For Lease
    $10,000 /Mo ($200 SF/Yr)

    Move-in ready restaurant space with basement and ADA access.

    Property size:
    600 SF
    Lot size:
    0.05 Acres

    Property Features for 97 Lexington Ave

    General Information

    Size
    600 SF
    Lot size
    0.05 Acres

    Source: Sido New York Real Estate Agent John Akleh

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

    Overview

    Former QSR Restaurant Space Available

    This is a former QSR (Quick Service Restaurant) space featuring a full glass facade on both Lexington Avenue and 27th Street. The property is in move-in condition and includes basement space. An ADA access ramp is available. The location is near Marty V Burger, Saravana Bhavan, Baruch College, and Bellevue Hospital. The property size is 600 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    A & A Cafe Convenience Store Lex Grill & Juice ... Deli

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office 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
    -73.9827476
    Latitude
    40.7418419

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    FAQs

    What type of property is this?
    Turn key restaurant - Move-in ready restaurant space with basement and ADA access.
    Where is this turn key restaurant located?
    The property is located at 97 Lexington Ave New York, NY.
    What is the lease rate?
    The lease rate is $200 SF/Yr.
    What are key features of this property?
    This property features: - Move-in condition; - **Full glass facade on both Lexington and 27th Street**; - **High-traffic location next to Marty V Burger, Saravana Bhavan, Baruch College, and Bellevue Hospital**
    (212) 706-9079
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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
    97 Lexington Ave New York, NY 10016
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