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Restaurant with Outdoor Seating
For Lease
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220 Park Ave S, New York, NY 10003

Newly built-out restaurant space includes kitchen infrastructure and outdoor seating on 18th Street for about 20 customers.

Property Size3,000 SF
Days on Market845

Property Features for 220 Park Ave S

General Information

Standard status Active
Size 3,000 SF
Property subtype RETAIL

Additional Details

Space Use Restaurant
Patio Yes
Listing Agency: CBRE | Midtown Manhattan
Listed By: Michael Kadosh
Source: Moodyscre
Added: Apr 9, 2024 Changed: Jul 29 Last Checked: Jul 31 at 8:46AM

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 CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

Newly built-out restaurant space with kitchen infrastructure already in place, offered for lease. The space supports on-site service operations and includes outdoor seating on 18th Street for about 20 customers.

The location is positioned for strong street visibility, with a large blade sign on the corner of the building and an awning at the entrance on Park Avenue South. It’s steps from Union Square, with access to the L, N, Q, R, 4, 5, and 6 W trains and approximately 90,000 daily riders.

Previously operating as Saltbae Burger, this turnkey restaurant buildout is designed for food service use within a high-traffic, multi-market area that also captures demand from Gramercy and Flatiron.

Key Highlights

  • Newly built‑out restaurant space with kitchen infrastructure in place
  • Outdoor seating on 18th Street for about 20 customers
  • Large blade sign on the corner of the building for visibility

Property Analytics

Current Use

Conventional restaurants

Suggested Use

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

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

42,972
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 - Newly built-out restaurant space includes kitchen infrastructure and outdoor seating on 18th Street for about 20 customers.
Where is this conventional restaurant located?
The property is located at 220 Park Ave S New York, NY.
What are key features of this property?
This property features: Newly built‑out restaurant space with kitchen infrastructure in place; Outdoor seating on 18th Street for about 20 customers; Large blade sign on the corner of the building for visibility
(212) 984-7113 Call to check price and availability
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