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Restaurant Space with Kitchen Infrastructure
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220 Park Ave S, New York, NY 10003

Newly built-out restaurant space with kitchen infrastructure and outdoor seating for customers near Union Square transit.

Property Size1,000 SF
Days on Market845

Property Features for 220 Park Ave S

General Information

Standard status Active
Size 1,000 SF
Property subtype RETAIL

Additional Details

Space Use Restaurant

Amenities

kitchen infrastructure
outdoor seating
large blade sign
awning
Listing Agency: CBRE | Midtown Manhattan
Listed By: Michael Kadosh
Source: Moodyscre
Added: Apr 9, 2024 Changed: Jul 30 Last Checked: Jul 31 at 1:18PM

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 CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

Newly built-out restaurant space with kitchen infrastructure in place, suited for food service operations. The site includes outdoor seating on 18th Street fitting about 20 customers, and the interior footprint is listed at 1,000 square feet.

Strong street-level presence includes a large blade sign on the corner of the building and an awning at the entrance on Park Avenue South. The property is steps away from Union Square, with access to the L, N, Q, R, 4, 5, 6, and W trains, serving an estimated 90,000 daily riders.

Positioned to capture multiple nearby markets including Union Square, Gramercy, and Flatiron, the space is also noted as formerly Saltbae Burger.

Key Highlights

  • Newly built‑out restaurant space with kitchen infrastructure in place
  • 1,000 SF restaurant space
  • Outdoor seating on 18th Street for about 20 customers

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Nursing Home Auto Parts Store Buffet Adult Day Care Pet Grooming Service Locksmith

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

42,972
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 - Newly built-out restaurant space with kitchen infrastructure and outdoor seating for customers near Union Square transit.
Where is this conventional restaurant located?
The property is located at 220 Park Ave S New York, NY.
What are key features of this property?
This property features: Newly built‑out restaurant space with kitchen infrastructure in place; 1,000 SF restaurant space; Outdoor seating on 18th Street for about 20 customers
(212) 984-7113 Call to check price and availability
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