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Restaurant Space with Full Liquor
For Lease
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246 5th Ave, New York, NY 10001

Restaurant space for lease with a 25-foot hood, walk-in refrigerators, and elevator access between levels.

Space Size5,000 SF
Days on Market50

Property Features for 246 5th Ave

General Information

Standard status Active
Size 5,000 SF
Property subtype RETAIL

Restaurant

Commercial Hood Yes
Grease Trap Yes
Liquor License Yes

Additional Details

Furnished Yes
Sprinkler System Yes

Amenities

elevator access

Spaces For Lease

at 246 5th Ave Contact us

244 5th Ave

Floor
1
Size
5,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Full liquor license permitting operation until 2:00 AM - Approximately 30 tons...
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Listing Agency: Bradford Allen - Corporate
Listed By: Mitzi Flexer
Source: Moodyscre
Added: Jul 22 Changed: Sep 6 Last Checked: Sep 8 at 11:13AM

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 Bradford Allen - Corporate

Investment Insights

Based on property information with market context.

This restaurant space is offered for lease and comes equipped for heavy cooking operations. The premises include a 25-foot hood system suitable for deep fryers and heavy cooking, two grease traps, two walk-in refrigerators, and all furniture and fixtures included. A full sprinkler system is installed throughout, and a new boiler has been installed. Heating and cooling capacity is supported by approximately 30 tons of HVAC. Electrical service includes three 250-amp panels distributed throughout the building.

Access is designed for multi-level operation, with elevator access from the second floor to the lower level and a fully utilized mezzanine. The occupancy capacity is approximately 138 people, with the potential to increase by 22 seats.

For alcohol service, the property includes a full liquor license permitting operation until 2:00 AM, supporting late-night service needs.

Key Highlights

  • Restaurant space with a 25‑foot hood system suitable for deep fryers and heavy cooking
  • Two walk‑in refrigerators included, plus two grease traps in place
  • New boiler installed and approximately 30 tons of HVAC capacity

Property Analytics

Current Use

Chatter Buzz - Advertising ... Marketing & Advertising studio.zeldman Marketing & Advertising herbal patch plus Alternative Medicine Practice ENT & More Inc Physician Quay Capital, LLC Corporate Office

Suggested Use

Top Pick Pet Grooming Service Buffet (Bike/Boat/Book/etc) Store Adult Day Care Locksmith Parking Lot & Garage

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
Sprinkler system
Yes
Commercial hood
Yes
Grease trap
Yes
Liquor license
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

72,565
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Commercial kitchen - Restaurant space for lease with a 25-foot hood, walk-in refrigerators, and elevator access between levels.
Where is this commercial kitchen located?
The property is located at 246 5th Ave New York, NY.
What are key features of this property?
This property features: Restaurant space with a 25‑foot hood system suitable for deep fryers and heavy cooking; Two walk‑in refrigerators included, plus two grease traps in place; New boiler installed and approximately 30 tons of HVAC capacity
(212) 593-7124 Call to check price and availability
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