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Multi-Level Restaurant Space with Wraparound Frontage
For Lease
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501 7th Ave, New York, NY 10018

Corner restaurant space with multi-level layout, restaurant infrastructure in place, and existing ADA restrooms.

Space SizeContact for details
Property Size1,454 SF
Days on Market544

Property Features for 501 7th Ave

General Information

Standard status Active
Size 1,454 SF
Property subtype RETAIL
Listing Agency: RIPCO Real Estate - Corporate
Listed By: Andrew Mandell
Source: Moodyscre
Added: Feb 6, 2025 Changed: Jul 30 Last Checked: Aug 3 at 12:34PM

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 RIPCO Real Estate - Corporate

Investment Insights

Based on property information with market context.

This multi-level conventional restaurant space of 1,454 SF features restaurant infrastructure in place and includes existing ADA restrooms. The layout is designed to support restaurant operations across multiple levels, making it well-suited for food service concepts that need both back-of-house and customer-facing functionality.

The property is positioned at the corner of 37th Street and 7th Avenue with over 100 FT of wraparound frontage, providing prominent visibility for branding and signage along both streets.

The existing buildout reduces initial improvements for an operator looking to open or expand a restaurant, while the multi-level configuration supports a functional separation of spaces for dining and service activities.

Key Highlights

  • 1,454 SF multi‑level restaurant space
  • Over 100 FT of wraparound frontage
  • Corner location at 37th Street and 7th Avenue

Property Analytics

Current Use

Fair Mortgage Collaborative Loan Service Federated Title Services ... Title Company Pamella Roland Department Store MBP Construction Company Potbelly Sandwich Shop ... Take-out & Catering

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet Butcher Locksmith Parking Lot & Garage

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

81,836
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10018, NY

11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
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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Similar Off Market Nearby

  • OLIYO 575 8th Ave, New York, NY 10018
  • Bread and butter 45 E 33rd St, New York, NY 10016
  • 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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Corner restaurant space with multi-level layout, restaurant infrastructure in place, and existing ADA restrooms.
Where is this conventional restaurant located?
The property is located at 501 7th Ave New York, NY.
What are key features of this property?
This property features: 1,454 SF multi‑level restaurant space; Over 100 FT of wraparound frontage; Corner location at 37th Street and 7th Avenue
(212) 750-6565 Call to check price and availability
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