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Built-Out Restaurant with Beer License
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For Lease
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348-350 Malcolm X Blvd, New York, NY 10027

Restaurant space includes an active beer and wine license and a lower-level kitchen with gas, venting, and hood.

Property Size1,450 SF
Days on Market7

Property Features for 348-350 Malcolm X Blvd

General Information

Standard status Active
Size 1,450 SF
Property subtype RETAIL
Lease Type SF/mo

Additional Details

Commercial Hood Yes
Listing Agency: Meridian Capital Group
Listed By: Noam Aziz
Source: Moodyscre
Added: Jul 24 Changed: Jul 28 Last Checked: Jul 29 at 3:55PM

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 built-out restaurant space was previously operated as “Azara Kitchen” and is ready for continued foodservice use. The lower level features a complete kitchen setup in place, including gas service, venting, and a hood. An active beer and wine license is also included.

The property is located at 348-350 Malcolm X Blvd in New York, steps from a national co-tenancy along the Harlem corridor.

The space is therefore suited for a tenant looking to open or continue a restaurant concept with key operational infrastructure already installed, including the ventilation and hooded cooking arrangement in the lower-level kitchen.

Key Highlights

  • Built‑out restaurant space previously operated as “Azara Kitchen.”
  • Active beer and wine license included with the restaurant space.
  • Lower level includes a built‑out kitchen with gas, venting, and a hood.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Parking Lot & Garage Skin Care Clinic Acupuncture

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
Commercial hood
NNN (Triple Net)
Lease Type
$15.52 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

9,401
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10027, NY

64,037
Population
28,038
Households
2.3
Avg Household Size
32
Median Age
52%
College-Educated
87%
High-School Grad
0.9 sq mi
ZIP Area
71,152
Density / Sq Mi
$64,220
Median Household Income
$44,231
Median Earnings
$1,609
Median Rent
$915,000
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 - Restaurant space includes an active beer and wine license and a lower-level kitchen with gas, venting, and hood.
Where is this conventional restaurant located?
The property is located at 348-350 Malcolm X Blvd New York, NY.
What is the lease rate?
The lease rate is $12,500 /Mo.
What are key features of this property?
This property features: Built‑out restaurant space previously operated as “Azara Kitchen.”; Active beer and wine license included with the restaurant space.; Lower level includes a built‑out kitchen with gas, venting, and a hood.
(212) 468-5984 Call to check price and availability
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