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Second-Generation Restaurant Space
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172 8th Ave, New York, NY 10011

Second-generation restaurant space with HVAC and kitchen in place, plus storage basement and about 20 feet of frontage.

Property Size2,100 SF
Days on Market367

Property Features for 172 8th Ave

General Information

Standard status Active
Size 2,100 SF
Property subtype RETAIL
Listing Agency: The Heller Organization
Listed By: Joshua Singer
Source: Moodyscre
Added: Jul 31, 2025 Changed: Jul 27 Last Checked: Jul 31 at 1:05PM

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 The Heller Organization

Investment Insights

Based on property information with market context.

This second-generation restaurant space includes an HVAC system and a kitchen already in place, supporting an efficient start for a foodservice operator. A storage basement is included as well, adding practical back-of-house capacity.

The space offers approximately 20 feet of frontage and is located in the heart of Chelsea. It is also described as close to L/A/C/E train stations and the M20/M14/M23 bus stops, supporting convenient transit access.

Configured for restaurant use with key systems installed, the layout is presented as ready for a new operator to take over.

Key Highlights

  • Second‑generation restaurant space in the heart of Chelsea
  • About 20' of frontage
  • HVAC system and kitchen are already in place

Property Analytics

Current Use

Grand Sichuan Eastern Restaurant

Suggested Use

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

42,145
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10011, NY

53,318
Population
35,049
Households
1.5
Avg Household Size
39
Median Age
79%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
88,863
Density / Sq Mi
$146,571
Median Household Income
$113,503
Median Earnings
$2,868
Median Rent
$1,165,800
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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Second-generation restaurant space with HVAC and kitchen in place, plus storage basement and about 20 feet of frontage.
Where is this conventional restaurant located?
The property is located at 172 8th Ave New York, NY.
What are key features of this property?
This property features: Second‑generation restaurant space in the heart of Chelsea; About 20' of frontage; HVAC system and kitchen are already in place
(917) 332-7530 Call to check price and availability
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