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For sale
Conventional restaurants
NY
New York
10036
48 W 48th St

Two-Level Restaurant Space

48 W 48th St, New York, NY 10036

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For Sale

$300,000

Fully built-out Midtown Manhattan restaurant with existing infrastructure and two levels for flexible food-and-beverage concepts.

Type:Business Opportunity

Property size:

4,200 SF

Price / SF:

$71/SF

HighLights

Approximately 4,200 SF fully built‑out Midtown Manhattan restaurant space across two levels
Existing restaurant infrastructure includes gas service
Lease terms include a 10‑year term with an additional 5‑year renewal option
Current rent is $22,700 per month; annual real estate taxes are approximately $12,000

We can help!

Contact an agent

Kai Zhao

Learn more

For Sale

$300,000

Fully built-out Midtown Manhattan restaurant with existing infrastructure and two levels for flexible food-and-beverage concepts.

Type:Business Opportunity

Property size:

4,200 SF

Price / SF:

$71/SF

Added:: Jun 22, 2026
Days on Market:: 15
Last Refresh:: Jul 1 at 2:56 am

Property Features for 48 W 48th St

General Information

Standard status: Active
Size: 4,200 SF
Property subtype: Business Opportunity

We can help!

Contact an agent

Kai Zhao

Listing office Homix Realty Inc

Listing date Jun 22, 2026

Source Exprealty

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 Homix Realty Inc

HighLights

Approximately 4,200 SF fully built‑out Midtown Manhattan restaurant space across two levels
Existing restaurant infrastructure includes gas service
Lease terms include a 10‑year term with an additional 5‑year renewal option
Current rent is $22,700 per month; annual real estate taxes are approximately $12,000

Overview

This fully built-out restaurant space is configured across two levels, providing a turnkey foundation for a food-and-beverage operator. The premises include existing restaurant infrastructure, including gas service, supporting day-to-day restaurant operations.

Located in Midtown Manhattan within a vibrant commercial district, the space benefits from strong pedestrian activity and convenient access to public transportation. The confidential offering includes additional details upon request.

The current structure is supported by a favorable long-term lease, with listed current rent of $22,700 per month and annual real estate taxes of approximately $12,000. The lease includes a 10-year term with an additional 5-year renewal option, which may appeal to tenants seeking stability while maintaining the ability to plan for future continuity of occupancy.

Location Intelligence

Current Use by Public Records

Alpha Casting Factory Planet Gemstones (Bike/Boat/Book/etc) Store EZ Tech Works ... Computer & Electronic Repair Belgium USA Big Box & Wholesale Store Kanchan Impex, Inc Big Box & Wholesale Store

Suggested Use

Similar Places 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

Location Insight

Map
Local Demand

City: New York
County: New York
State: New York
Longitude: -73.9802594
Latitude: 40.7580804

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For sale
Conventional restaurants
NY
New York
10036
48 W 48th St

What type of property is this?

Conventional restaurant - Fully built-out Midtown Manhattan restaurant with existing infrastructure and two levels for flexible food-and-beverage concepts.

Where is this conventional restaurant located?

The property is located at 48 W 48th St New York, NY.

What is the asking price?

The asking price for this property is $300,000.

What are key features of this property?

This property features: Approximately 4,200 SF fully built‑out Midtown Manhattan restaurant space across two levels; Existing restaurant infrastructure includes gas service; Lease terms include a 10‑year term with an additional 5‑year renewal option

48 W 48th St, New York, NY 10036

Fully built-out Midtown Manhattan restaurant with existing infrastructure and two levels for flexible food-and-beverage concepts.

Property Features for 48 W 48th St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Second-Floor Professional Office

Medical/Dental Condo Ready

Manhattan Commercial Condo For Sale

Vacant First-Floor Retail Store

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Established Medical-Dental Practice Condo

Four-Unit Mixed-Use Commercial Building

Chinatown Office Space Opportunity

Chinatown Office Space Opportunity

Mixed-Use Building with Retail

Six-Unit Multifamily Apartment Building

Vacant Multi-Family Townhouse

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