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Fully Equipped Restaurant with Bar
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540 E 5th St, New York, NY 10009

Restaurant space includes a full kitchen, bar, basement, and cold room under an eight-year lease.

Property SizeContact for details
Days on Market143

Property Features for 540 E 5th St

General Information

Standard status Active
Property subtype Retail

Amenities

basement
cold room
Listing Agency: One Stop Multiservice Inc
Listed By: Raymond Rivera
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 10:40AM

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 One Stop Multiservice Inc

Investment Insights

Based on property information with market context.

This restaurant property at 540 E 5th St in New York includes a full kitchen, bar, basement, and cold room. The space is offered with the existing restaurant improvements and equipment, including a stocked bar and kitchen infrastructure.

The property is positioned in Manhattan’s Lower East Side, an area identified in the source information for its nightlife activity. An eight-year lease is associated with the premises.

Key Highlights

  • Full kitchen included
  • Stocked bar in place
  • Basement storage area

Property Analytics

Current Use

Grillify-NYC Restaurant

Suggested Use

Top Pick Nursing Home Auto Parts Store Pet Grooming Service Auto Repair Shop Buffet Restaurant

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

15,844
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10009, NY

61,716
Population
32,375
Households
1.9
Avg Household Size
36
Median Age
63%
College-Educated
87%
High-School Grad
0.6 sq mi
ZIP Area
102,860
Density / Sq Mi
$87,963
Median Household Income
$84,069
Median Earnings
$1,925
Median Rent
$690,600
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

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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space includes a full kitchen, bar, basement, and cold room under an eight-year lease.
Where is this conventional restaurant located?
The property is located at 540 E 5th St New York, NY.
What are key features of this property?
This property features: Full kitchen included; Stocked bar in place; Basement storage area
(718) 554-0257 Call to check price and availability
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