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Vented Corner Conventional Restaurant
For Lease
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162 1st Ave, New York, NY 10003

Lower-level restaurant space with black iron duct, gas service, and white-box delivery.

Space Size1,200 SF
Days on Market10

Property Features for 162 1st Ave

General Information

Standard status Active
Size 1,200 SF
Net Rentable 1,200 SF
Property subtype Retail

Space & Availability

Available Space 1,200 SF
Contiguous Space 1,200 SF
Floor Basement
Space Use Restaurant

Additional Details

Frontage 80 ft

Spaces For Lease

at 162 1st Ave Contact us

Available Space

Size
1,200 SF
Availability
Active
Contact us
Listing Agency: Momentum Realty Group
Listed By: Morris Mishan · License #10401374283
Source: Crexi
Added: Aug 27 Changed: Sep 4 Last Checked: Sep 4 at 2:23PM

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 Momentum Realty Group

Investment Insights

Based on property information with market context.

This 1,200 SF conventional restaurant space occupies a lower-level basement at 162 1st Ave in New York’s East Village. The premises feature 80 FT of wraparound frontage at a vented corner, along with black iron duct and gas service. The space will be delivered in white-box condition, providing a defined starting point for a new restaurant operator.

The layout and infrastructure are identified as suitable for quick-service restaurants, cafes, wine bars, and pizza concepts. The property is located in the East Village at 162 1st Ave, New York, NY 10003.

Key Highlights

  • 1,200 SF lower‑level restaurant space
  • 80 FT of wraparound frontage at a vented corner
  • Black iron duct and gas service in place

Property Analytics

Current Use

Go Green Food Market

Suggested Use

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

21,839
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 - Lower-level restaurant space with black iron duct, gas service, and white-box delivery.
Where is this conventional restaurant located?
The property is located at 162 1st Ave New York, NY.
What are key features of this property?
This property features: 1,200 SF lower‑level restaurant space; 80 FT of wraparound frontage at a vented corner; Black iron duct and gas service in place
More about this property
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