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21 W 9 St- R New York, NY 10011

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For Sale
$12,750,000

Fully equipped restaurant space with grandfathered liquor license in prime location.

Property Features for 21 W 9 St- R

General Information

Property type
Commercial
Standard status
Active

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Listing Contact
Jennifer Ellenberg
Source: Elliman

Listing Agent: Jennifer Ellenberg

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

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Overview

Iconic Greenwich Village Restaurant Space

Located on a tree-lined street off Fifth Avenue in Greenwich Village, this restaurant space was formerly home to Nat Simon's Penguin Restaurant, Marylou's, and Omar's. The restaurant space is approximately 5000 square feet and includes a grandfathered liquor license. The kitchen is approximately 5 years old. The property presents an opportunity to purchase a Long Term Lease with decades remaining with a fixed monthly maintenance of $3495 for the remainder of the lease. The real estate tax is approximately $1500 per month; the space is responsible for 10% of any tax increase, making the total monthly expenses approximately $5,000. This is a unique opportunity for a restaurateur or investor.
Location Intelligence

Current Use by Public Records

Arté Restaurant Camila Schiavetto Arquitetura Architect

Suggested Use

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

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

Similar Places Nearby

Kikoo Sushi

Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9997
Latitude
40.7409

FAQs

What type of property is this?
Conventional restaurant - Fully equipped restaurant space with grandfathered liquor license in prime location.
Where is this conventional restaurant located?
The property is located at 21 W 9 St- R New York, NY.
What is the asking price?
The asking price for this property is $12,750,000.
What are key features of this property?
This property features: - Iconic Greenwich Village location on the Gold Coast, off Fifth Avenue.; - Approximately 5,000 square feet of restaurant space.; - Includes a grandfathered liquor license (waiting to be applied for).
More about this property
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