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Renovated Restaurant with Bar
For Sale
$1,380,000

3 Xx 7th Ave New York, Manhattan, NY 10001

Modern interiors support dining, bar, and front-window service.

Property SizeContact for details
Days on Market53

Property Features for 3 Xx 7th Ave New York

General Information

Standard status Active
Property subtype Business Opportunity

Restaurant

Seating Capacity 98
Equipment Included Yes

Additional Details

Floor 1 + 2 + Basement
Business Included Yes

Amenities

elevator access

Building Details

Year Built 1929
Listing Agency: Skylux Realty Inc
Listed By: Fei Guo · License #10401366341
Source: Focusreg
Added: Jul 9 Changed: Aug 27 Last Checked: Aug 29 at 11:47AM

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 Skylux Realty Inc

Investment Insights

Based on property information with market context.

Restaurant space spanning the first and second floors includes 3,816 sq. ft., with an additional 1,781 sq. ft. basement connected by elevator. The layout provides a full commercial kitchen, bar area, dining room, front window service, and seating for 98 guests. Basement improvements include a walk-in cooler/freezer and restaurant equipment. The interiors were renovated 2 years ago.

The property occupies 7th Avenue in Chelsea, Manhattan, near Penn Station and multiple subway lines. The lease has 18 years remaining on its original 20-year term. The building dates to 1929.

Key Highlights

  • 3,816 sq. ft. across the first and second floors
  • 1,781 sq. ft. basement with elevator access
  • 98‑seat dining room with bar area and front window service

Property Analytics

Current Use

Practical Law US Law Firm RVN Technologies (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Nursing Home Adult Day Care Pet Grooming Service Auto Parts Store Clothing & Fashion Store (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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

25,552
Businesses Nearby
Under-served
Demand for This Use

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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Modern interiors support dining, bar, and front-window service.
Where is this conventional restaurant located?
The property is located at 3 Xx 7th Ave New York Manhattan, NY.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: 3,816 sq. ft. across the first and second floors; 1,781 sq. ft. basement with elevator access; 98‑seat dining room with bar area and front window service
More about this property
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