Turnkey Restaurant Space with
For Lease
Contact for pricing
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.
Space Size3,200 SF
Days on Market190
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
Site & Location
Neighborhood
Midtown Manhattan
Restaurant
Commercial Hood
Yes
Patio
Yes
Spaces For Lease
at 242 10th Ave
242 10th Ave
AVAILABLE, Now
Floor
1
Size
3,200 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Prime Restaurant Space: Fully vented restaurant with gas, ideal for food and beverage operators.
- Outdoor Patio: Includes ±500 SF of outdoor patio space for additional seating or events.
- Former Liquor License: Previously operated with a liquor license, streamlining future licensing.
- Immediate Possession: Space is available for immediate occupancy, minimizing downtime.
- No Key Money: No key money required, reducing upfront costs for new tenants.
- Flexible Layout: Features bar seating, prep kitchen, and lower-level kitchen for versatile operations.
- West Chelsea Location: Situated at the northeast corner of 24th Street & 10th Avenue in a vibrant neighborhood.
- Turnkey Opportunity: Formerly The Orchard Townhouse, ready for a new concept.
- Ample Prep Space: ±1,200 SF lower level prep kitchen supports high-volume operations.
Contact us
Listing Agency:
Matthews Real Estate Investments Services | New York
(866) 889-0550
Listed By:
Cory Rosenthal · License #10991237833(NY)
(646) 974-5705
Source:
Moodyscre
Added: Apr 24
Changed: Oct 26
Last Checked: Oct 28 at 7:09AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
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
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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
