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Restaurant Space with Mezzanine

207 W 38th St, New York, NY 10036

For Lease
New
Contact for pricing

A vented kitchen with gas service and hoods supports restaurant operations across three levels.

Space Size4,300 SF
Days on Market7

Property Features for 207 W 38th St

General Information

Standard status Active
Size 4,300 SF
Property subtype Restaurant

Space & Availability

Floor Ground + Mezzanine + Basement
Space Use Restaurant

Lease Terms

Lease Rate $39,000 /MO
Total Rate $39,000
Monthly Rent $39,000

Site & Location

Neighborhood Midtown Manhattan

Restaurant

Commercial Hood Yes
Second-Generation Restaurant Yes

Spaces For Lease

at 207 W 38th St
#1 Active
Size 4,300 SF
Contact us
Listed By: Dylan Solemanyan · License #10401354122
Source: Crexi
Added: Nov 3 Changed: Nov 8 Last Checked: Nov 8 at 5:31PM

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 Dylan Solemanyan

Rey
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Investment Insights

Based on property information with market context.

Restaurant space at 207 W 38th St includes 1,800 SF on the ground floor, a 1,500 SF mezzanine, and 1,000 SF in the basement. The storefront has double-height proportions, with dining space on the mezzanine and basement areas for preparation and storage. The kitchen is vented and equipped with gas service and hoods; a full liquor license is in place.

The property is between 7th Ave and 8th Ave in Midtown West, New York.

Key Highlights

  • 1,800 SF ground‑floor area, 1,500 SF mezzanine, and 1,000 SF basement
  • Double‑height storefront
  • Kitchen has ventilation, gas service, and hoods

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bonchon 38th St Restaurant Bonchon Restaurant

Suggested Use

Top Pick Pet Grooming Service Buffet (Bike/Boat/Book/etc) Store Parking Lot & Garage Plumbing 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

Yes
Commercial hood
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

81,836
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10036, NY

33,868
Population
22,473
Households
1.5
Avg Household Size
37
Median Age
69%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
84,670
Density / Sq Mi
$100,225
Median Household Income
$86,122
Median Earnings
$2,301
Median Rent
$988,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Conventional restaurants in New York

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Bread and butter — 45 E 33rd St, New York, NY 10016
  • OLIYO — 575 8th Ave, New York, NY 10018
  • KPOT Korean BBQ & Hot Pot — 310 W 38th St, New York, NY 10018
  • Jordan’s Diner — 545 8th Ave, New York, NY 10018
  • DELIS 48 — 48 W 48th St, New York, NY 10036

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A vented kitchen with gas service and hoods supports restaurant operations across three levels.
Where is this conventional restaurant located?
The property is located at 207 W 38th St New York, NY.
What are key features of this property?
This property features: 1,800 SF ground‑floor area, 1,500 SF mezzanine, and 1,000 SF basement; Double‑height storefront; Kitchen has ventilation, gas service, and hoods
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