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    572 57Th St West New York, NJ 07093

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    For Sale
    $569,999

    Fully equipped restaurant, bar, and banquet hall with liquor license.

    Property Features for 572 57Th St

    General Information

    Standard status
    Active

    Source: PRO REALTY LLC Agent YOLANDA DUARTE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant and Bar Opportunity

    This property features two counter bars, one open on all occasions and the other open every weekend. It includes a dance floor with a DJ booth, equipment, and lights, as well as TV projectors suitable for sporting and entertainment events. The banquet hall can accommodate up to 250 guests. A full kitchen is included. The sale includes 300 plates, 500 of each type of spoon, 100 pans, 500 cups, 600 glass cups for various drinks, 1,000 chairs, 500 tables, 1,000 bottles of various liquors, 5 freezers, 5 refrigerators, 3 meat cutter machines, a commercial steam hot table, a sandwich pre-table, falcon food equipment, a servlt pan open, and a cold table. The property includes wall-mounted canopy hoods. A liquor license is included. Municipal parking is available one block away. The rent is $6,000, and the lease has 10 years remaining with a 10-year option to renew. This property is located in West New York, NJ.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    La Voz Internacional News Service La Nueva Elegancia ... Bar & Grill

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Bandolera, Crave 43, Bklyn Blue Cafe & Lounge, Bklyn Blue Cafe & Creative Lounge, Cooper Place LLC

    Location Insight

    • Map
    • Local Demand
    City
    West New York
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.020187
    Latitude
    40.788097

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    FAQs

    What type of property is this?
    Bar - Fully equipped restaurant, bar, and banquet hall with liquor license.
    Where is this bar located?
    The property is located at 572 57Th St West New York, NJ.
    What is the asking price?
    The asking price for this property is $569,999.
    What are key features of this property?
    This property features: - Liquor license included.; - Banquet hall seats up to 250 guests.; - Fully equipped kitchen.
    (973) 826-9733
    Request Owner's contact information
    572 57Th St West New York, NJ 07093
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    572 57Th St West New York, NJ 07093
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