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Restaurant Space with Full Bar
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400 W 42nd St, New York, NY 10036

Restaurant space with a full bar, lounge and dining, plus a full bar outdoor terrace.

Property Size3,500 SF
Days on Market4

Property Features for 400 W 42nd St

General Information

Standard status Active
Size 3,500 SF
Property subtype RETAIL

Restaurant

Patio Yes
Liquor License Yes

Additional Details

Space Use Restaurant
Listing Agency: Meridian Capital Group
Listed By: Noam Aziz
Source: Moodyscre
Added: Jul 27 Changed: Jul 30 Last Checked: Jul 30 at 8:51AM

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.

Restaurant space previously operated as “Serafina in the Sky.” The ground-floor offering includes a full equipped kitchen, full bar, lounge area, and dining all in place, along with an outdoor terrace featuring a full bar. The space is 3,500 SF.

Located in the Pod Times Square Hotel at 400 W 42nd St, the property supports a hotel setting with 665 keys plus 45 residential units. The hotel is identified as non-union, and a 4 AM liquor license is in place. Ground floor can be leased separately.

For qualified tenants, ownership will provide free time/TI as part of the arrangement. Non-union operations and an operating layout that already includes kitchen, bar, lounge, and dining components can help streamline buildout planning for the next operator.

Key Highlights

  • 3,500 SF ground‑floor restaurant space
  • Full equipped kitchen plus full bar, lounge, and dining areas
  • Outdoor terrace with a full bar

Property Analytics

Current Use

Manhattan Optometry and Ophthalmic ... Physician Pod Pads Furnished ... Vacation Rental Tasnim Noor Physician GENERAL VISION SERVICES Ophthalmologist UnPublished_NYC 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

Yes
Liquor license
NNN (Triple Net)
Lease Type

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
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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 - Restaurant space with a full bar, lounge and dining, plus a full bar outdoor terrace.
Where is this conventional restaurant located?
The property is located at 400 W 42nd St New York, NY.
What are key features of this property?
This property features: 3,500 SF ground‑floor restaurant space; Full equipped kitchen plus full bar, lounge, and dining areas; Outdoor terrace with a full bar
(212) 468-5984 Call to check price and availability
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