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Built-Out Restaurant Space
For Sale
$420,000

360 W 42nd St, New York, NY 10036

Approximately 3,700-square-foot premises with a gas line and usable lower-level area for restaurant operations.

Property Size3,700 SF
Price / SF$113.51
Days on Market41

Property Features for 360 W 42nd St

General Information

Standard status Active
Size 3,700 SF
Property subtype Business Opportunity

Additional Details

Floor Ground + Lower Level
Utilities to Site Yes

Building Details

Tenancy Single
Listing Agency: Homix Realty Inc
Listed By: Kai Zhao · License #991797
Source: Exprealty
Added: Jun 22 Changed: Jul 31 Last Checked: Jul 31 at 4:54PM

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 Homix Realty Inc

Investment Insights

Based on property information with market context.

Fully built-out restaurant premises at 360 W 42nd Street comprising approximately 3,700 SF, with 2,500 SF on the ground floor and 1,200 SF of usable lower-level space. The property is equipped with a gas line and can accommodate restaurant concepts including full-service dining, hot pot, BBQ, café, or lounge use, subject to landlord approval.

The location is just minutes from Times Square, Port Authority Bus Terminal, and Penn Station, with pedestrian traffic generated by nearby office buildings, hotels, theaters, and major transportation hubs. A long-term lease is in place, providing continuity for future operations.

Key Highlights

  • Approximately 3,700 SF of restaurant space
  • 2,500 SF ground floor plus 1,200 SF usable lower‑level space
  • Fully built‑out restaurant premises with a gas line

Property Analytics

Current Use

High life smoke ... Gas Station American Homestay Charitable Organization Timothée Chalamet's Apartment Apartment Complex Zillion's Pizza Restaurant China Xiang Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Adult Day Care Buffet Butcher Locksmith

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

Single-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

45,903
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • OLIYO — 575 8th Ave, New York, NY 10018
  • KPOT Korean BBQ & Hot Pot — 310 W 38th St, New York, NY 10018
  • DELIS 48 — 48 W 48th St, New York, NY 10036
  • Jordan’s Diner — 545 8th Ave, New York, NY 10018
  • The Theater Buffet — 305 W 46th St, New York, NY 10036

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Approximately 3,700-square-foot premises with a gas line and usable lower-level area for restaurant operations.
Where is this conventional restaurant located?
The property is located at 360 W 42nd St New York, NY.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Approximately 3,700 SF of restaurant space; 2,500 SF ground floor plus 1,200 SF usable lower‑level space; Fully built‑out restaurant premises with a gas line
More about this property
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