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363 7Th Ave New York, NY 10001

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Restaurant with strong cash flow and high-traffic exposure.

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Listing Contact
Ryan Candel
Ryan Candel
Source: Bkrea

Listing Agency: BKREA Listing Agent: Ryan Candel

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

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Overview

Prime Corner Restaurant Investment Opportunity

This commercial property, currently operating as a restaurant, benefits from corner exposure with windows on the west and south walls. The current tenant, Fresh & Co, has a lease expiring in June 2032 and benefits from heavy traffic. The property has a strong in-place cash flow due to low vacancy. The location is near transportation hubs providing access to the 1, 2, 3, A, C, E, N, Q, R, W subway lines, as well as the LIRR and NJ Transit. Pending the City of Yes rezoning and due to its short-term WALT, this presents an exciting opportunity for conversion.
Location Intelligence

Current Use by Public Records

Jeff Anderson & Associates ... Law Firm Alan Michael Shectman Law Firm AGVA Welfare Trust ... Advocacy Group Fertig Harvey N Law Firm Howard M Rosengarten ... Law Firm

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Law Firm Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

OLIYO, Bread and butter, KPOT Korean BBQ & Hot Pot, DELIS 48, Jordan’s Diner

Location Insight

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City
New York
County
New York
State
New York
Longitude
-73.9921933
Latitude
40.7485304

FAQs

What type of property is this?
Conventional restaurant - Restaurant with strong cash flow and high-traffic exposure.
Where is this conventional restaurant located?
The property is located at 363 7Th Ave New York, NY.
What are key features of this property?
This property features: - Strong in-place cash flow due to low vacancy.; - Proximity to multiple transportation hubs (1,2,3, A,C,E, N,Q,R,W subway lines, LIRR, and NJ Transit).; - Corner exposure with windows on the west and south walls.
More about this property
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