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Restaurant Space with Existing Venting

417 Third Avenue, New York City, NY 10003

For Lease
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Gas service and ventilation are already in place for restaurant operations.

Space Size1,800 SF
Property Size3,600 SF
Days on Market32

Property Features for 417 Third Avenue

General Information

Standard status Active
Size 1,800 SF
Net Rentable 3,600 SF
Property subtype Retail

Space & Availability

Available Space 3,600 SF
Floor Ground + Basement
Space Use Restaurant

Additional Details

Utilities to Site Yes
Second-Generation Restaurant Yes

Amenities

gas
venting

Spaces For Lease

at 417 Third Avenue
#1 Active
Size 1,800 SF
Contact us
Listing Agency: Kassin Sabbagh Realty
Listed By: Carolina Aziz · License #NY
Source: Crexi
Added: Oct 9 Changed: Nov 8 Last Checked: Nov 8 at 4:30PM

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 Kassin Sabbagh Realty

Rey
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Investment Insights

Based on property information with market context.

This second-generation restaurant space at 417 Third Avenue includes 1,800 SF at street level and another 1,800 SF in the basement. Existing gas service and ventilation are in place.

The property is between East 29th and East 30th Streets in the Murray Hill/Kips Bay area. Nearby businesses and destinations include Fumo, Bareburger, Target, Trader Joe’s, NYU Langone, and AMC Kips Bay 15.

Key Highlights

  • 1,800 SF on the ground floor, plus 1,800 SF in the basement
  • Gas service and ventilation already installed
  • Located between East 29th and East 30th Streets

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Pita & Beyond Restaurant

Suggested Use

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

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

60,751
Businesses Nearby
Balanced
Demand for This Use

Demographics for 10003, NY

57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Restaurants in New York County

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Luke's Lobster Union Square — 124 University Pl, New York, NY 10003
  • Culinart — 4 Irving Pl, New York, NY 10003
  • Park Avenue Catering — 111 E 14th St #193, New York, NY 10003
  • 14 Street Halal Food — New York, NY 10003
  • Cucina Stamboulie — 240 E 15th St, New York, NY 10003

Frequently Asked Questions

What type of property is this?
Restaurant - Gas service and ventilation are already in place for restaurant operations.
Where is this restaurant located?
The property is located at 417 Third Avenue New York City, NY.
What are key features of this property?
This property features: 1,800 SF on the ground floor, plus 1,800 SF in the basement; Gas service and ventilation already installed; Located between East 29th and East 30th Streets
(516) 640-6961 Call to check price and availability
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