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Turn-Key Restaurant Space
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149 E 57th St, New York, NY 10022

Restaurant space includes two kitchens with hood and vents, plus a walk-in box for ready-to-operate service.

Property Size500 SF
Days on Market8

Property Features for 149 E 57th St

General Information

Standard status Active
Size 500 SF
Property subtype RETAIL

Additional Details

Commercial Hood Yes
Listing Agency: Meridian Capital Group
Listed By: Samuel Mukamal
Source: Moodyscre
Added: Jul 23 Changed: Jul 28 Last Checked: Jul 30 at 2:36PM

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 Meridian Capital Group

Investment Insights

Based on property information with market context.

This turn-key restaurant space was previously home to “Adare,” a New American fine dining concept, and Le Colonial, a nationally recognized French-Vietnamese restaurant with a long-running history at the location. The interior is set up for commercial foodservice with two kitchens, hood and venting already in place, and a walk-in box. A previous full liquor license was also in place, supporting compatibility with restaurant, lounge, and bar concepts.

The property is situated at 149 E 57th St in Midtown, where daytime activity is driven by surrounding office buildings and the core business district, transitioning in the evening toward an affluent residential market associated with Billionaire’s Row.

For tenants seeking a space that is already built for day-to-day operations, the existing kitchen systems and refrigerated storage provide a practical foundation to reopen and run service with minimal startup changes.

Key Highlights

  • Restaurant space with two kitchens, including hood and vents, plus a walk‑in box
  • Turn‑key setup includes kitchen hood/vents and walk‑in box for ready‑to‑operate service
  • Previous full liquor license in place and suitable for restaurants, lounges, and bars

Property Analytics

Current Use

Adare Restaurant

Suggested Use

Top Pick Auto Parts Store Butcher (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Buffet

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

Yes
Commercial hood
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

46,622
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10022, NY

36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
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

  • DELIS 48 48 W 48th St, New York, NY 10036
  • Crab House 135 E 55th St, New York, NY 10022
  • serv de cominter 678 Lexington Ave, New York, NY 10022

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space includes two kitchens with hood and vents, plus a walk-in box for ready-to-operate service.
Where is this conventional restaurant located?
The property is located at 149 E 57th St New York, NY.
What are key features of this property?
This property features: Restaurant space with two kitchens, including hood and vents, plus a walk‑in box; Turn‑key setup includes kitchen hood/vents and walk‑in box for ready‑to‑operate service; Previous full liquor license in place and suitable for restaurants, lounges, and bars
(212) 468-5965 Call to check price and availability
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