Restaurant Space with Outdoor
1199 1st Ave, New York, NY 10065
For Lease
New
Contact for pricing
The premises include gas service, three hoods, and a full bar.
Space Size4,764 SF
Days on Market6
Property Features for 1199 1st Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Restaurant
Commercial Hood
Patio
Second-Generation Restaurant
Additional Details
Space Use
Spaces For Lease
at 1199 1st Ave
1191 1st Ave
$45,000/Mo
Floor
1
Size
4,764 SF
Type
RETAIL
Availability
AVAILABLE, On Available Date
Sublease
No
-Longtime home to a well-established Mexican restaurant that operated for over 25+ years
-Fully built-out with gas, 3 hoods, full bar, and liquor license
-175-person occupancy with expansive outdoor seating
Positioned along a thriving corridor
-One of NYC’s most affluent and densely populated neighborhoods
Contact us
Listing Agency:
Meridian Capital Group
(212) 972-3600
Listed By:
Noam Aziz
(212) 468-5984
Source:
Moodyscre
Added: Nov 5
Changed: Nov 9
Last Checked: Nov 9 at 1:46PM
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 Meridian Capital Group
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Investment Insights
Based on property information with market context.
This 4,764-square-foot restaurant space at 1199 1st Ave includes gas service, three hoods, a full bar, and a liquor license. The layout accommodates 175 people and includes outdoor seating.
The premises previously housed a Mexican restaurant for more than 25 years.
The premises previously housed a Mexican restaurant for more than 25 years.
Key Highlights
- 4,764 square feet of restaurant space
- Gas service, three hoods, and a full bar
- Liquor license in place
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Commercial hood
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
31,376
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 10065, NY
32,891
Population
22,734
Households
1.4
Avg Household Size
40
Median Age
86%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
82,228
Density / Sq Mi
$160,938
Median Household Income
$121,212
Median Earnings
$2,828
Median Rent
$1,368,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Conventional restaurants in New York
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- serv de cominter — 678 Lexington Ave, New York, NY 10022
- Crab House — 135 E 55th St, New York, NY 10022
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The premises include gas service, three hoods, and a full bar.
Where is this conventional restaurant located?
The property is located at 1199 1st Ave New York, NY.
What is the lease rate?
The lease rate is $45,000.
What are key features of this property?
This property features: 4,764 square feet of restaurant space; Gas service, three hoods, and a full bar; Liquor license in place
