Restaurant Space with Commercial
For Sale
$300,000
48 W 48th Street New York, Manhattan, NY 10036
Business Opportunity, New York (Manhattan), NY
Property SizeContact for details
Days on Market55
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
(718) 939-8388
Listed By:
Li Li
(646) 889-9988
Added: Aug 3
Changed: Sep 15
Last Checked: Sep 26 at 3:06AM
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.
Located at 48 W 48th Street in New York, this restaurant property combines a customer-facing main floor with a substantial basement component. The main level measures approximately 2,200 square feet and provides a dining room with contemporary finishes and adaptable seating. A full commercial kitchen includes professional-grade appliances, venting systems, preparation stations, and refrigeration.
The approximately 2,000-square-foot basement adds storage and preparation capacity beneath the primary restaurant area. The existing configuration can support full-service dining, barbecue or grill operations, bar-focused concepts, and specialty cuisine, subject to applicable approvals and operational requirements. The combination of finished dining space and built-out kitchen infrastructure provides a functional foundation for restaurant use.
The approximately 2,000-square-foot basement adds storage and preparation capacity beneath the primary restaurant area. The existing configuration can support full-service dining, barbecue or grill operations, bar-focused concepts, and specialty cuisine, subject to applicable approvals and operational requirements. The combination of finished dining space and built-out kitchen infrastructure provides a functional foundation for restaurant use.
Key Highlights
- Approximately 2,200 square feet on the main floor
- Approximately 2,000‑square‑foot basement for storage and preparation
- Full commercial kitchen with professional‑grade appliances and refrigeration
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
90,344
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
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- Jordan’s Diner — 545 8th Ave, New York, NY 10018
- DELIS 48 — 48 W 48th St, New York, NY 10036
- The Theater Buffet — 305 W 46th St, New York, NY 10036
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Two-level restaurant layout combines a finished dining room with substantial back-of-house 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; Approximately 2,000‑square‑foot basement for storage and preparation; Full commercial kitchen with professional‑grade appliances and refrigeration
