Building Details

Building Size 5,950 SF

Buildings 1

Tenancy Single

Listing Agency: Douglas Elliman Real Estate Douglas Elliman Commercial k***@elliman.com Show Phone

Listed By: Kristin Irwin · License #10301209876 Show Phone

Source: Elliman

Added: Jun 25 Changed: Aug 29 Last Checked: Aug 29 at 10:42PM

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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 Douglas Elliman Real Estate Douglas Elliman Commercial

Investment Insights

Based on property information with market context.

47 East 29th Street is a single-occupancy restaurant property spanning approximately 6,950 rentable square feet across multiple levels. The layout includes a ground-floor bar and dining room, a second-floor lounge, and a roof terrace. Existing infrastructure includes a fully vented commercial kitchen, substantial prep and storage areas, and three walk-in refrigerators. The property is currently operating as Tavern 29, with a certificate of occupancy permitting up to 208 patrons.

The property is located in NoMad just off Park Avenue South and benefits from access to the Park Avenue South Corridor. Nearby hospitality and residential developments include The Royalton Park Avenue Hotel, The Ritz-Carlton NoMad, Virgin Hotels New York City, The Fifth Avenue Hotel, and the Ace Hotel. Walk Score and Transit Score are each 100, while Bike Score is 88.

Key Highlights

• Approximately 6,950 rentable square feet across multiple levels
• Ground‑floor bar and dining room, second‑floor lounge, and roof terrace
• Fully vented commercial kitchen with substantial prep and storage areas

Property Analytics

Property Profile

Current Use

Tavern rooftop Bar & Pub Walk & Talk Wireless Mobile Phone Store Tavern 29 Bar & Pub Y and K Apparel ... Clothing Store Yo Ya Fashion ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Parts Store Law Firm Garden Center Pharmacy

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

Location Intelligence

Trade Area within ½ mile

3,900

Businesses Nearby

83k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 69% Dining 27% Home Improvements & Furnishings 2% Hotels & Casinos 1%

BP Shops & Services

12,177 visits/mo 0.2 miles

BP Shops & Services

12,034 visits/mo 0.3 miles

BP Shops & Services

11,939 visits/mo 0.4 miles

Starbucks Dining

11,749 visits/mo 0.3 miles

Gulf Oil Shops & Services

7,074 visits/mo 0.4 miles

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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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Fully vented hospitality venue with a commercial kitchen, lounge space, and rooftop terrace.

Where is this conventional restaurant located?

The property is located at 47 E 29th St New York, NY.

What is the asking price?

The asking price for this property is $4,575,000.

What are key features of this property?

This property features: Approximately 6,950 rentable square feet across multiple levels; Ground‑floor bar and dining room, second‑floor lounge, and roof terrace; Fully vented commercial kitchen with substantial prep and storage areas