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Built-to-Operate Vented Gas Deli
For Sale
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214 7th Avenue, New York, NY 10011

Restaurant deli built in 2024 with vented gas cooking and street-level plus basement space under an existing long-term lease.

Property Size3,600 SF
Price / SF$41.67
Days on Market55

Property Features for 214 7th Avenue

General Information

Standard status Active
Size 3,600 SF
Property subtype Retail, Business for Sale

Additional Details

Business Included Yes

Building Details

Year Built 2025
Listing Agency: Proxy Real Estate
Listed By: Yosef Kirschenbaum · License #10401308667
Source: Crexi
Added: Jun 12 Changed: Jul 10 Last Checked: Aug 5 at 9:03AM

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 Proxy Real Estate

Investment Insights

Based on property information with market context.

This established deli restaurant is built in 2024 and is designed for day-to-day food service with vented gas cooking. The operation includes approximately 1,800 sq ft at street level and an additional approximately 1,800 sq ft in the basement, providing room for both customer-facing space and back-of-house workflow within one contiguous concept. The business is currently grossing approximately $75,000 per month while paying approximately $18,800 per month in rent, per the information provided.

The property is located at 214 7th Avenue in a strong residential and office delivery area along the 23rd Street 1 train crosstown corridor. That positioning supports convenient access for repeat neighborhood customers and delivery demand from the surrounding working population.

For a buyer or operator seeking a turnkey, recently built deli restaurant with substantial total interior space and a defined ownership timeline, the existing lease runs until 2034, with key money of $150,000 as stated. The combination of vented gas cooking and split street-level and basement configuration can support both established operations and continuity for a qualified successor.

Key Highlights

  • Restaurant deli built in 2024 featuring vented gas cooking.
  • Total 3,600 sq ft: 1,800 sq ft street level plus 1,800 sq ft basement space.
  • Current grossing approximately $75,000 per month with rent of approximately $18,800 per month.

Property Analytics

Current Use

Toasties bagel cafe Food Market

Suggested Use

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

55,833
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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Bread and butter 45 E 33rd St, New York, NY 10016

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant deli built in 2024 with vented gas cooking and street-level plus basement space under an existing long-term lease.
Where is this conventional restaurant located?
The property is located at 214 7th Avenue New York, NY.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Restaurant deli built in 2024 featuring vented gas cooking.; Total 3,600 sq ft: 1,800 sq ft street level plus 1,800 sq ft basement space.; Current grossing approximately $75,000 per month with rent of approximately $18,800 per month.
More about this property
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