Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    295 7th Avenue Manhattan, NY 10001

    View on Map
    Claim this Listing
    For Sale
    $300,000

    COMMERCIAL - Manhattan, NY

    Property size:
    2,000 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $150/SF
    Added:
    Mar 5, 2026
    Days on Market:
    56
    Last Refresh:
    Apr 30 at 10:06 pm

    Property Features for 295 7th Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Basement
    Finished, Full
    Standard status
    Active
    Size
    2,000 SF
    Lot size
    0.05 Acres

    Building Details

    Number of units
    1
    Building materials
    Brick
    Roof type
    Flat

    We can help!

    Listing Contact
    Waqas Azhar

    Listing agent Waqas Azhar

    Listing office Empire State Realty Group 156 Bay 14th Street, Brooklyn, NY

    Listing date Mar 5, 2026

    MLS# 499389

    Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Manhattan Restaurant Franchise Opportunity

    This is an opportunity to acquire a fast-casual burger franchise in Manhattan. The fully operational location is near the Fashion Institute of Technology, Penn Station, Empire State Building, and Union Square, situated in a dynamic dining corridor. The business benefits from foot traffic, dense residential and office populations, and year-round tourism. The facility features a modern, upscale buildout with premium finishes. The business has an established and loyal customer base and franchise-backed systems, training, and national brand recognition. The property is positioned in a high-demand urban corridor. The property size is 2000 square feet and the lot size is 0.0459 acres. This is a multi-unit growth platform in a strong hospitality market, ideal for experienced operators, franchise groups, or qualified investors seeking a branded presence with scalable upside in Manhattan. The property is zoned commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sim & Brander Group Marketing & Advertising

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • OLIYO — 575 8th Ave, New York, NY 10018
    • Bread and butter — 45 E 33rd St, New York, NY 10016
    • KPOT Korean BBQ & Hot Pot — 310 W 38th St, New York, NY 10018
    • Jordan’s Diner — 545 8th Ave, New York, NY 10018

    Location Insight

    • Map
    • Local Demand
    City
    Manhattan
    County
    New York
    State
    New York
    Longitude
    -73.993793
    Latitude
    40.7463373

    Nearby Similar for Sale

    • $350,000
      1,975 SF

      Established Shanghai Restaurant, Manhattan

      Authentic Shanghai restaurant for sale in Manhattan's Upper West Side.
      467 Columbus Ave, Manhattan, NY 10024
      View Details
    • $999,999

      Chinatown Office Space For Sale

      Premium 884 sq ft office space in vibrant Chinatown.
      8 Catherine Street, New York (Manhattan), NY 10038
      View Details
    • $4,880,000

      Midtown East Office Condominium

      Renovated office condo near Grand Central Station.
      866 2nd Avenue, New York (Manhattan), NY 10017
      View Details
    • $60,000
      700 SF

      East Village Nail Salon Business

      Fully equipped nail salon business for sale in Manhattan.
      125 E 4th Street, Manhattan, NY 10003
      View Details
    • $280,000

      Turnkey Restaurant Space in Manhattan

      Ready-to-go restaurant in a vibrant commercial setting.
      48th Street, New York (Manhattan), NY 10036
      View Details
    • $568,000

      Vacant Chinatown Office Condo

      807 sq ft office condo in the heart of Chinatown.
      210 Canal Street, New York (Manhattan), NY 10013
      View Details
    • $2,000,000

      Harlem Multi-Family with Income Potential

      Meticulously maintained triplex with versatile garden-level apartment in Harlem.
      107 W 131st Street, New York (Manhattan), NY 10027
      View Details
    • $7,990,000

      Chinatown Mixed-Use Building with Rooftop

      Mixed-use building with retail income and residential units.
      198 Grand Street, New York (Manhattan), NY 10013
      View Details
    • $150,000

      East Village Pizza Store

      Pizza store for sale in the heart of East Village.
      109 1st Avenue, New York (Manhattan), NY 10003
      View Details
    • $1,890,000

      East Harlem Multifamily Investment Opportunity

      12-unit, rent-stabilized building in prime East Harlem location.
      1889 Lexington Avenue, New York (Manhattan), NY 10035
      View Details
    • $498,000

      Manhattan Chinatown Office Space For Sale

      Office space in Manhattan Chinatown, suitable for various professional uses.
      17 E Broadway, New York (Manhattan), NY 10002
      View Details
    • $13,568,000

      Mixed-Use Building in Hell's Kitchen

      Two stores plus nine apartments in prime Hell's Kitchen.
      468 W 47th Street, New York (Manhattan), NY 10036
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Turnkey restaurant franchise in prime Manhattan location with immediate cashflow.
    Where is this conventional restaurant located?
    The property is located at 295 7th Avenue Manhattan, NY.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: Prime Manhattan location with exceptional foot traffic near major landmarks.; Turnkey, fully operational fast‑casual burger franchise with immediate cash flow.; Modern, upscale buildout with premium finishes and cutting‑edge equipment.
    (646) 932-4441
    We can help!
    Listing Contact
    Waqas Azhar
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!