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Built-Out Conventional Restaurant
For Sale
$389,000

472 West 202nd St, New York, NY 10034

Operating hospitality business with a five-year lease and renewal option.

Property Size40,000 SF
Days on Market41

Property Features for 472 West 202nd St

General Information

Standard status Active
Size 40,000 SF
Property subtype Commercial

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $283,241

Building Details

Building Size 40,000 SF
Year Built 1923
Listing Agency: U S Asset Realty LLC
Listed By: Cesarina Benitez
Source: Elliman
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 3:47AM

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 U S Asset Realty LLC

Investment Insights

Based on property information with market context.

This sale includes an operating restaurant and lounge business; the underlying real estate is not part of the transaction. The space is fully built out for restaurant and lounge operations, with a layout described as suitable for dining, nightlife, and events.

The business is subject to a five-year lease with a renewal option. The surrounding area records a Walk Score of 85, a Bike Score of 61, and a Transit Score of 100, indicating walkable, bikeable, and transit-oriented access. The property address is 472 West 202nd St, New York, NY 10034.

Key Highlights

  • Fully built‑out, operating restaurant and lounge business
  • Five‑year lease with renewal option
  • Business sale only; real estate is not included

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Kitchen & Bath Showroom HVAC Service Electrical Service

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

Location Intelligence

Trade Area within ½ mile

4,262
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 72% Dining 27% Home Improvements & Furnishings 2%
BP Shops & Services
14,612 visits/mo 0.5 miles
BP Shops & Services
12,684 visits/mo 0.4 miles
Dunkin' Donuts Dining
9,606 visits/mo 0.4 miles
BP Shops & Services
5,624 visits/mo 0.1 miles
Wingstop Dining
2,598 visits/mo 0.2 miles

Demographics for 10034, NY

36,778
Population
16,599
Households
2.2
Avg Household Size
39
Median Age
39%
College-Educated
80%
High-School Grad
1.0 sq mi
ZIP Area
36,778
Density / Sq Mi
$69,786
Median Household Income
$47,553
Median Earnings
$1,621
Median Rent
$518,000
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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Fritura el peluche W 206th St &, 9th Ave, New York, NY 10034

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating hospitality business with a five-year lease and renewal option.
Where is this conventional restaurant located?
The property is located at 472 West 202nd St New York, NY.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Fully built‑out, operating restaurant and lounge business; Five‑year lease with renewal option; Business sale only; real estate is not included
More about this property
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