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Turnkey Vented Restaurant With Patio
For Lease
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242 10th Avenue, New York, NY 10001

Fully vented restaurant with bar seating, prep and lower-level kitchen space, plus approximately 1,500 SF of outdoor patio.

Space SizeContact for details
Days on Market183

Property Features for 242 10th Avenue

General Information

Standard status Active
Property subtype Commercial

Additional Details

Business Included Yes
Commercial Hood Yes
Listed By: Jackson Warner · License #10401399144 (NY)
Source: Matthews
Added: Mar 16 Changed: Sep 11 Last Checked: Sep 14 at 5:08AM

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 Jackson Warner

Investment Insights

Based on property information with market context.

This turnkey restaurant space is fully vented and includes gas service, supporting food and beverage operations. The layout features bar seating, a prep kitchen, and a lower-level kitchen designed for versatile service and high-volume prep. Outdoor patio space totaling approximately 1,500 SF is included for additional seating or events.

The space is located at the northeast corner of 24th Street and 10th Avenue in a vibrant West Chelsea setting. It is available for immediate possession.

The prior operation included a liquor license, which may streamline future licensing. The offering is described as having no key money, and the space is ready for a new concept following its former use as The Orchard Townhouse.

Key Highlights

  • Fully vented restaurant space with gas, including bar seating, a prep kitchen, and a lower‑level kitchen
  • About 1,500 SF outdoor patio for additional seating or events
  • Approximately 1,200 SF lower level prep kitchen for high‑volume operations

Property Analytics

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Current Use

The Orchard Townhouse Restaurant

Suggested Use

Top Pick Pet Grooming Service Buffet Nursing Home Adult Day Care (Bike/Boat/Book/etc) Store Clothing & Fashion Store

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

Turnkey business
Opportunity
Yes
Commercial hood
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

28,863
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10001, NY

32,612
Population
17,554
Households
1.9
Avg Household Size
35
Median Age
72%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
54,353
Density / Sq Mi
$123,393
Median Household Income
$97,848
Median Earnings
$3,024
Median Rent
$793,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Similar Off Market Nearby

  • OLIYO 575 8th Ave, New York, NY 10018
  • KPOT Korean BBQ & Hot Pot 310 W 38th St, New York, NY 10018
  • Jordan’s Diner 545 8th Ave, New York, NY 10018

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully vented restaurant with bar seating, prep and lower-level kitchen space, plus approximately 1,500 SF of outdoor patio.
Where is this conventional restaurant located?
The property is located at 242 10th Avenue New York, NY.
What are key features of this property?
This property features: Fully vented restaurant space with gas, including bar seating, a prep kitchen, and a lower‑level kitchen; About 1,500 SF outdoor patio for additional seating or events; Approximately 1,200 SF lower level prep kitchen for high‑volume operations
More about this property
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