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Restaurant Space with Commercial Kitchen
For Sale
$300,000

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

SINGLE_FAMILY - New York (Manhattan), NY

Property SizeContact for details
Days on Market9

Property Features for 48 W 48th Street New York

General Information

Property type Residential
Property subtype Retail
Rooms Basement
Basement Finished, Full
Standard status Active

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 12000
Listing Agency: B Square Realty
Listed By: Li Li
Added: Aug 3 Changed: Aug 4 Last Checked: Aug 11 at 8:06PM
MLS# 1034269

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This restaurant property includes approximately 2,200 square feet on the main floor and an additional 2,000-square-foot basement. The main level features a dining area with contemporary finishes and adaptable seating for different service formats. Below grade, the space provides room for storage, preparation, or expanded operational functions.

A full commercial kitchen is fitted with professional-grade appliances, venting systems, prep stations, and refrigeration. The configuration supports restaurant concepts ranging from full-service dining and barbecue to grill, bar-focused, and specialty cuisine operations. The property is located at 48 W 48th Street in New York, NY 10036.

Key Highlights

  • Approximately 2,200 square feet on the main floor
  • Additional 2,000‑square‑foot basement for storage, prep, or operations
  • Full 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 - Contemporary restaurant layout with a fully equipped kitchen, flexible dining area, and substantial basement support space.
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; Additional 2,000‑square‑foot basement for storage, prep, or operations; Full commercial kitchen with professional‑grade appliances and refrigeration
More about this property
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