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Second-Generation Restaurant Space
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128 E 7th St, New York, NY 10009

Second-generation restaurant retail condo delivered vacant at closing, adjacent to Tompkins Square Park.

Property Size12,645 SF
Price / SF$205.61
Days on Market466

Property Features for 128 E 7th St

General Information

Standard status Active
Size 12,645 SF
Property subtype RETAIL
Listing Agency: Lee & Associates | New York City
Listed By: Jonathan Braun · License #10401296343
Source: Moodyscre
Added: Apr 23, 2025 Changed: Jul 26 Last Checked: Jul 31 at 9:55AM

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 Lee & Associates | New York City

Investment Insights

Based on property information with market context.

This offering is a second-generation restaurant retail condo. The space is delivered vacant at closing, providing a straightforward opportunity for an owner-operator or investor seeking a restaurant-ready layout.

The property is located at 128 East 7th Street in the East Village, adjacent to Tompkins Square Park.

It is presented for sale as a retail condo with the address noted above.

Key Highlights

  • Second‑generation restaurant retail condo delivered vacant at closing
  • Located at 128 East 7th Street, New York, NY 10009
  • Adjacent to Tompkins Square Park

Property Analytics

Current Use

Pylos Restaurant

Suggested Use

Top Pick Nursing Home Auto Parts Store Pet Grooming Service Buffet Auto Repair Shop 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.

Location Intelligence

Trade Area within ½ mile

19,159
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10009, NY

61,716
Population
32,375
Households
1.9
Avg Household Size
36
Median Age
63%
College-Educated
87%
High-School Grad
0.6 sq mi
ZIP Area
102,860
Density / Sq Mi
$87,963
Median Household Income
$84,069
Median Earnings
$1,925
Median Rent
$690,600
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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Kikoo Sushi — 141 1st Ave., New York, NY 10003
  • 99 Favor Taste — 285 Grand St, New York, NY 10002

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Second-generation restaurant retail condo delivered vacant at closing, adjacent to Tompkins Square Park.
Where is this conventional restaurant located?
The property is located at 128 E 7th St New York, NY.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Second‑generation restaurant retail condo delivered vacant at closing; Located at 128 East 7th Street, New York, NY 10009; Adjacent to Tompkins Square Park
(402) 631-7021 Call to check price and availability
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