Omakase
For Sale
$279,000
121 Madison Avenue, New York, NY 10016
Commercial, New York, NY
Property Size900 SF
Lot Size0.24 Acres
Price / SF$310
Days on Market47
Property Features for 121 Madison Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C5-2
Subdivision
Midtown
Standard status
Active
Size
900 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Annual Amount
8000
Building Details
Year built
1938
Number of units
1
Flooring type
Ceramic
Building materials
Brick
Listing Agency:
Metro Realty Professionals
(718) 838-2600
Listed By:
Yau Yee (Billy) Yong · License #10401318819
(718) 838-2600
Added: Jul 7
Changed: Aug 20
Last Checked: Aug 22 at 5:06AM
MLS# 502846
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 900-square-foot conventional restaurant is configured for an established omakase operation at 121 Madison Avenue. The space features ceramic flooring, brick construction, and a 1938 building vintage. C5-2 zoning is in place for the property.
Located in Midtown Manhattan, the restaurant is a few minutes from the Empire State Building and occupies a Madison Avenue address. The existing lease has 7 years remaining and includes a 3% increase. The restaurant is offered for sale with its existing operating setup and physical improvements.
Located in Midtown Manhattan, the restaurant is a few minutes from the Empire State Building and occupies a Madison Avenue address. The existing lease has 7 years remaining and includes a 3% increase. The restaurant is offered for sale with its existing operating setup and physical improvements.
Key Highlights
- 900‑square‑foot conventional restaurant space
- Established omakase restaurant operation
- C5‑2 zoning
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
46,936
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 10016, NY
62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Bread and butter — 45 E 33rd St, New York, NY 10016
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established restaurant operation with ceramic flooring and brick construction in Midtown Manhattan.
Where is this conventional restaurant located?
The property is located at 121 Madison Avenue New York, NY.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 900‑square‑foot conventional restaurant space; Established omakase restaurant operation; C5‑2 zoning
