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    378 3Rd Ave New York, NY 10016

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    For Lease
    Contact for pricing

    Restaurant/bar space with vented kitchen and 4 AM liquor license.

    Property size:
    15,688 SF
    Lot size:
    15,688 SF

    Property Features for 378 3Rd Ave

    General Information

    Size
    15,688 SF

    Building Details

    Year built
    1910

    Source: Brad Schwarz Agent Brad Schwarz

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

    Overview

    Restaurant/Bar Space with Liquor License

    This property features a ground floor and a lower level, each offering 2,800 square feet of space. The property is vented for cooking with gas and has a 200-person occupancy. It includes a 4 AM liquor license. The lower level is currently configured as a lounge. The property is located between 27th and 28th Streets.
    Insight Report Location Intelligence

    Current Use by Public Records

    Five Star Academy Sports Complex Five Star Academy ... Batting Cage Center Coppola's East Italian Restaurant

    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.

    Similar Places Nearby

    Arté, The Lewent Lounge, Marlton Espresso Bar, Amelie Bistro & Wine Bar west village, Panineria NYC

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9813637
    Latitude
    40.7415821

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    FAQs

    What type of property is this?
    Bar - Restaurant/bar space with vented kitchen and 4 AM liquor license.
    Where is this bar located?
    The property is located at 378 3Rd Ave New York, NY.
    What are key features of this property?
    This property features: - 4 am Liquor License; - Vented for cooking with gas; - 200-person occupancy
    (212) 776-1290
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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
    378 3Rd Ave New York, NY 10016
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