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Second-Generation Restaurant Space with Full Kitchens
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373 Park Ave S, New York, NY 10016

Second-generation built restaurant space with equipment and utilities, plus full kitchen on both ground and lower levels.

Property Size7,310 SF
Days on Market417

Property Features for 373 Park Ave S

General Information

Standard status Active
Size 7,310 SF
Property subtype RETAIL

Space & Availability

Floor Ground + Lower Level
Space Use Restaurant

Additional Details

Utilities to Site Yes
Equipment Included Yes
Listing Agency: Newmark - Corporate
Listed By: Ariel Schuster
Source: Moodyscre
Added: Jun 11, 2025 Changed: Jul 29 Last Checked: Aug 1 at 12:47PM

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 Newmark - Corporate

Investment Insights

Based on property information with market context.

Second-generation built restaurant space designed for operations, with equipment and utilities already in place. The layout is column-free, helping keep the dining and service areas flexible.

The space includes a full kitchen on both the ground floor and the lower level. The lower level is legal selling space, supporting a multi-level service and guest flow.

Located at 373 Park Ave S in New York, NY, the space is described as the first time available in over 15 years. The property size is 7,310 square feet.

Key Highlights

  • Second‑generation built restaurant space with equipment and utilities in place
  • Column‑free layout for flexible floor planning
  • Full kitchen on both the ground floor and lower level

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Pet Grooming Service Locksmith Parking Lot & Garage

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
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

60,314
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
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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Similar Off Market Nearby

  • Bread and butter — 45 E 33rd St, New York, NY 10016

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Second-generation built restaurant space with equipment and utilities, plus full kitchen on both ground and lower levels.
Where is this conventional restaurant located?
The property is located at 373 Park Ave S New York, NY.
What are key features of this property?
This property features: Second‑generation built restaurant space with equipment and utilities in place; Column‑free layout for flexible floor planning; Full kitchen on both the ground floor and lower level
(212) 331-0132 Call to check price and availability
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