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Restaurant Space with Buildout Support
For Lease
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124 Second Avenue, New York City, NY 10003

Second Avenue restaurant space near NYU, with landlord participation in buildout and a surrounding mix of residential and commercial activity.

Space Size800 SF
Days on Market131

Property Features for 124 Second Avenue

General Information

Standard status Active
Size 800 SF
Property subtype Retail

Building Details

Building Size 800 SF
Tenancy Single

Spaces For Lease

at 124 Second Avenue Contact us

Suite 1

Size
800 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Meridian Retail Leasing
Listed By: Max Freudenberger · License #10401389277
Source: Crexi
Added: Apr 28 Changed: Aug 31 Last Checked: Sep 2 at 9:58AM

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 Retail Leasing

Investment Insights

Based on property information with market context.

This restaurant leasing opportunity is located at 124 Second Avenue in New York City, with landlord support available for buildout and tenant-improvement work. The property is suitable for a range of uses, subject to applicable approvals and lease terms.

The setting benefits from nearby residential buildings, established co-tenancy, and close proximity to the NYU campus. The surrounding area experiences both daytime activity and nightlife traffic, offering a varied customer environment for restaurant and other commercial concepts.

Key Highlights

  • 124 Second Avenue in New York City
  • Near the NYU campus
  • Landlord contribution available for buildout and TI work

Property Analytics

Current Use

Okiboru House of Udon Restaurant Village Convenience Grocery & Convenience Store

Suggested Use

Top Pick Nursing Home Auto Parts Store Buffet Pet Grooming Service Clothing & Fashion Store Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

27,233
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10003, NY

57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Kikoo Sushi 141 1st Ave., New York, NY 10003

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Second Avenue restaurant space near NYU, with landlord participation in buildout and a surrounding mix of residential and commercial activity.
Where is this conventional restaurant located?
The property is located at 124 Second Avenue New York City, NY.
What are key features of this property?
This property features: 124 Second Avenue in New York City; Near the NYU campus; Landlord contribution available for buildout and TI work
More about this property
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