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Restaurant with Retractable Rooftop
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For Lease
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253 W 47th St, New York, NY 10036

Multi-level Times Square restaurant concept with rooftop retractable roof and seating for 700+ guests.

Property Size5,000 SF
Days on Market5

Property Features for 253 W 47th St

General Information

Standard status Active
Size 5,000 SF
Net Rentable 25,000 SF
Property subtype RETAIL
Lease Type SF/mo

Space & Availability

Available Space 25,000 SF
Floor Ground, 2, Rooftop, Cellar, Sub-Cellar
Space Use Restaurant
Listing Agency: Meridian Capital Group
Listed By: James Famularo
Source: Moodyscre
Added: Jul 27 Changed: Jul 30 Last Checked: Jul 30 at 4:04AM

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 Meridian Capital Group

Investment Insights

Based on property information with market context.

This conventional restaurant opportunity offers approximately 25,000 SF over five floors, with dining and operating areas across the ground floor, second floor, rooftop, cellar, and sub-cellar. The space is designed to support large-scale service, with seating for over 700 guests.

The build-out includes a brand-new kitchen, lower level prep space, and a dedicated elevator for moving between levels. The rooftop features a unique retractable roof intended for year-round use.

Located at 253 W 47th St in the heart of Times Square, the property sits between prime theaters, world-class restaurants, and heavy tourism traffic.

Key Highlights

  • Approximately 25,000 SF over five floors across ground, second, rooftop, cellar and sub‑cellar
  • Seating for over 700 guests
  • Rooftop retractable roof designed for year‑round use

Property Analytics

Current Use

Brooklyn Chop House Restaurant Brooklyn Chop House ... Restaurant Parking viernes High School

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Nursing Home (Bike/Boat/Book/etc) 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

NNN (Triple Net)
Lease Type
$12,900.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

64,730
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10036, NY

33,868
Population
22,473
Households
1.5
Avg Household Size
37
Median Age
69%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
84,670
Density / Sq Mi
$100,225
Median Household Income
$86,122
Median Earnings
$2,301
Median Rent
$988,000
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?
Conventional restaurant - Multi-level Times Square restaurant concept with rooftop retractable roof and seating for 700+ guests.
Where is this conventional restaurant located?
The property is located at 253 W 47th St New York, NY.
What is the lease rate?
The lease rate is $86,000.
What are key features of this property?
This property features: Approximately 25,000 SF over five floors across ground, second, rooftop, cellar and sub‑cellar; Seating for over 700 guests; Rooftop retractable roof designed for year‑round use
(212) 468-5960 Call to check price and availability
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