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Vented Retail Restaurant Space
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127 E 23rd St, New York, NY 10010

Vented retail space offered with arranged possession near Baruch College and Madison Square Park.

Property Size215 SF
Days on Market982

Property Features for 127 E 23rd St

General Information

Standard status Active
Size 215 SF
Property subtype RETAIL
Listing Agency: Solil Management, LLC
Listed By: Nicholas Forelli
Source: Moodyscre
Added: Nov 21, 2023 Changed: Jul 27 Last Checked: Jul 30 at 1:22PM

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 Solil Management, LLC

Investment Insights

Based on property information with market context.

This vented retail restaurant space is currently operating as Gai Chicken & Rice, with possession arranged for the next tenant. The layout is configured as a storefront-style space designed for restaurant use, and it includes venting for cooking operations.

The property is located just steps from Baruch College and Madison Square Park, in a high foot-traffic area. It is also situated near multiple subway lines, including Q, N, L, R, 4, 5, and 6, supporting convenient access for both daily commuters and neighborhood visitors.

For tenants seeking a ready-to-operate restaurant storefront with venting in a transit- and campus-adjacent location, this space offers a straightforward fit within a busy retail corridor.

Key Highlights

  • Vented retail space currently operating as Gai Chicken & Rice
  • Arranged possession
  • Located steps from Baruch College and Madison Square Park

Property Analytics

Current Use

Gramercy Theatre Theater & Performing Art Venue D & H Candy ... Grocery & Convenience Store I’Milky 沐白 - Flatiron Cafe & Coffee Shop Blank Street Coffee Cafe & Coffee Shop Wild Child Nightclub

Suggested Use

Top Pick Nursing Home Buffet Auto Parts Store Butcher Auto Repair Shop 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

60,948
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10010, NY

33,991
Population
19,014
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
0.4 sq mi
ZIP Area
84,978
Density / Sq Mi
$156,127
Median Household Income
$109,691
Median Earnings
$3,113
Median Rent
$1,037,900
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
  • Bread and butter 45 E 33rd St, New York, NY 10016

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Vented retail space offered with arranged possession near Baruch College and Madison Square Park.
Where is this conventional restaurant located?
The property is located at 127 E 23rd St New York, NY.
What are key features of this property?
This property features: Vented retail space currently operating as Gai Chicken & Rice; Arranged possession; Located steps from Baruch College and Madison Square Park
(212) 506-0448 Call to check price and availability
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