Established Shanghai Restaurant,
For Sale
Contact for pricing
467 Columbus Ave, New York, NY 10024
Authentic Shanghai restaurant for sale in Manhattan's Upper West Side.
Property Size1,975 SF
Price / SF$126.58
Days on Market158
Property Features for 467 Columbus Ave
General Information
Standard status
Active
Size
1,975 SF
Property subtype
Business for Sale
Zoning
C1-8A
Building Details
Buildings
1
Units
1
Listing Agency:
United National Realty
(718) 979-8000
Listed By:
Michael Dukhovny
Source:
Crexi
Added: Mar 18
Changed: Aug 20
Last Checked: Aug 18 at 4:17AM
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 United National Realty
Investment Insights
Based on property information with market context.
This is an opportunity to acquire an established Shanghai restaurant located in the Upper West Side of Manhattan. Founded in 2019, the restaurant has become known for its traditional Shanghai cuisine. The business benefits from a location with high foot traffic and limited nearby competition. The restaurant space is approximately 1,975 square feet on the ground floor, with an additional 1,900 square feet of basement storage area. The business is fully operational with established systems and procedures. It is open 7 days per week, with revenue streams including lunch service, catering, and delivery. The kitchen is fully equipped. The business has an annual gross revenue of $2.5 million. This is a turnkey acquisition opportunity for restaurateurs, owner-operators, or investors seeking a well-established dining business in a prime Manhattan location.
Key Highlights
- High annual gross revenue of $2.5 million.
- Prime Upper West Side Manhattan location with high foot traffic.
- Established authentic Shanghai restaurant with a strong neighborhood presence.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
11,917
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 10024, NY
62,250
Population
36,723
Households
1.7
Avg Household Size
43
Median Age
84%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
69,167
Density / Sq Mi
$182,614
Median Household Income
$117,078
Median Earnings
$2,965
Median Rent
$1,746,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Authentic Shanghai restaurant for sale in Manhattan's Upper West Side.
Where is this conventional restaurant located?
The property is located at 467 Columbus Ave New York, NY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: High annual gross revenue of $2.5 million.; Prime Upper West Side Manhattan location with high foot traffic.; Established authentic Shanghai restaurant with a strong neighborhood presence.
