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Turnkey Restaurant Space with Patio
For Lease
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242 10th Ave, New York, NY 10001

Fully vented restaurant space with gas and an outdoor patio, with bar seating and prep kitchen for flexible food and beverage service.

Property Size3,200 SF
Days on Market99

Property Features for 242 10th Ave

General Information

Standard status Active
Size 3,200 SF
Property subtype RETAIL

Space & Availability

Space Use Restaurant
Available From Immediate

Restaurant

Commercial Hood Yes
Patio Yes
Listing Agency: Matthews Real Estate Investments Services | New York
Listed By: Cory Rosenthal · License #10311210106,10991237833(NY)
Source: Moodyscre
Added: Apr 24 Changed: Jul 30 Last Checked: Jul 30 at 12:45PM

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 Matthews Real Estate Investments Services | New York

Investment Insights

Based on property information with market context.

Fully vented restaurant space with gas, laid out for food and beverage operations. The space includes bar seating, a prep kitchen, and a lower-level kitchen to support day-to-day service and production. A lower level prep kitchen of approximately 1,200 SF is included for higher-volume workflow.

Outdoor dining is supported with approximately 1,500 SF of patio space. The space is available for immediate occupancy, helping reduce downtime for a new operator. The prior operation used a liquor license, which may streamline future licensing. “No key money” is noted, reducing upfront barriers to starting a concept.

Located at the northeast corner of 24th Street & 10th Avenue at 242 10th Ave in West Chelsea, this former Orchard Townhouse space is configured as turnkey restaurant premises ready for a new concept within a vibrant neighborhood setting.

Key Highlights

  • Approximately 3,200 SF fully vented restaurant space with gas
  • Includes approximately 1,500 SF outdoor patio for additional seating
  • Lower‑level prep kitchen of approximately 1,200 SF to support production workflow

Property Analytics

Current Use

The Orchard Townhouse Restaurant

Suggested Use

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

Yes
Commercial hood
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

28,863
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10001, NY

32,612
Population
17,554
Households
1.9
Avg Household Size
35
Median Age
72%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
54,353
Density / Sq Mi
$123,393
Median Household Income
$97,848
Median Earnings
$3,024
Median Rent
$793,000
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
Rey
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Similar Off Market Nearby

  • 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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully vented restaurant space with gas and an outdoor patio, with bar seating and prep kitchen for flexible food and beverage service.
Where is this conventional restaurant located?
The property is located at 242 10th Ave New York, NY.
What are key features of this property?
This property features: Approximately 3,200 SF fully vented restaurant space with gas; Includes approximately 1,500 SF outdoor patio for additional seating; Lower‑level prep kitchen of approximately 1,200 SF to support production workflow
(917) 992-2381 Call to check price and availability
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