2440 Chartres St, New Orleans, LA 70117
Furnished restaurant with updated apartment in vibrant neighborhood.
- Added:
- Mar 5, 2026
- Days on Market:
- 115
- Last Refresh:
- Mar 16 at 2:47 pm
Property Features for 2440 Chartres St
General Information
- Standard status
- Active
- Size
- 2,596 SF
- Property subtype
- Hospitality, Mixed Use, Office, Retail
Building Details
- Year Built
- 1912
Listing office Dorian Bennett Sotheby's International Realty (504) 452-4677
Listing date Mar 5, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Dorian Bennett Sotheby's International Realty
HighLights
- Furnished restaurant with indoor and outdoor seating included.
- Updated 2‑bedroom apartment on the second floor.
- Prime corner location in Faubourg Marigny.
- All kitchen equipment, appliances, and dining room furnishings are included.
- Apartment features heart pine floors, huge windows, and high ceilings.
- Apartment includes washer/dryer and all appliances.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.8k | $19.20 |
| − Vacancy | −$997 | −$0.38 |
| EGI | $48.8k | $18.82 |
| − OpEx | −$12.2k | −$4.70 |
| NOI | $36.6k | $14.11 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.0529525
- Latitude
- 29.9637551