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Restaurant Space with Commercial Kitchen
For Sale
$300,000

48 W 48th Street New York, Manhattan, NY 10036

Configured for dining, food preparation, storage, and multiple restaurant operating concepts.

Property Size2,200 SF
Price / SF$136.36
Days on Market9

Property Features for 48 W 48th Street New York

General Information

Standard status Active
Size 2,200 SF
Property subtype Retail

Additional Details

Floor Ground + Basement

Taxes and HOA fees

Annual Taxes $12,000

Building Details

Building Size 2,200 SF
Listing Agency: B Square Realty
Listed By: Li Li
Source: Cbwarburg
Added: Aug 3 Changed: Aug 11 Last Checked: Aug 11 at 7:46AM

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 B Square Realty

Investment Insights

Based on property information with market context.

Located at 48 W 48th Street in Manhattan, this restaurant property combines a main-floor dining and service area with substantial supporting space below. The approximately 2,200-square-foot main level includes a dining room with flexible seating, while the 2,000-square-foot basement provides room for storage, preparation, or additional operational functions.

The premises include a commercial kitchen with professional-grade appliances, ventilation systems, preparation stations, and refrigeration. The existing layout can accommodate full-service dining, barbecue or grill concepts, bar-oriented operations, and specialty cuisine. The property is in New York, NY 10036.

Key Highlights

  • Approximately 2,200 square feet on the main floor
  • 2,000‑square‑foot basement for storage, prep, or operations
  • Commercial kitchen with professional‑grade appliances and refrigeration

Property Analytics

Current Use

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

Top Pick Pet Grooming Service Adult Day Care Nursing Home Buffet Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

88,339
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
Rey
Questions? Ask Rey
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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 - Configured for dining, food preparation, storage, and multiple restaurant operating concepts.
Where is this conventional restaurant located?
The property is located at 48 W 48th Street New York Manhattan, 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 2,200 square feet on the main floor; 2,000‑square‑foot basement for storage, prep, or operations; Commercial kitchen with professional‑grade appliances and refrigeration
More about this property
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