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Turnkey Restaurant with Sidewalk Café
For Lease
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59 E SECOND ST, New York, NY 10003

Turnkey restaurant space with gas and venting, HVAC, and a sidewalk café-ready setup.

Space Size26,282 SF
Days on Market59

Property Features for 59 E SECOND ST

General Information

Standard status Active
Size 26,282 SF
Property subtype Retail, Restaurant

Additional Details

Business Included Yes
Commercial Hood Yes

Building Details

Building Size 26,282 SF
Year Built 1920
Tenancy Single

Spaces For Lease

at 59 E SECOND ST Contact us

Space 1

Size
26,282 SF
Type
Restaurant, Retail
Availability
Active
Contact us
Listing Agency: ARA
Listed By: Aaron Aziz · License #NY 10491210375
Source: Crexi
Added: Jun 24 Changed: Aug 17 Last Checked: Aug 20 at 8:27PM

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 ARA

Investment Insights

Based on property information with market context.

The space is fully built out for restaurant use and offered turnkey, with a large kitchen already in place. Gas and venting are in place, along with an HVAC system, supporting immediate operational readiness. The layout includes a ground-floor area plus a full basement, providing room for both front-of-house operations and back-of-house support. A sidewalk café is also in place for outdoor seating.

The property has approximately 20 feet of frontage on 2nd Avenue. The offering is positioned for tenants seeking a move-in-ready restaurant location with street-level presentation.

This space is well-suited for a restaurateur looking to open quickly using an existing restaurant infrastructure package, including the core mechanical systems such as gas and venting and the HVAC service already installed. With a sidewalk café set up and restaurant-specific improvements in place, operators can focus on concept, staffing, and menu rather than base build-out. All uses are considered, and the tenant allowance and initial free rent terms are part of the current offering, with possession scheduled for Q1 2026.

Key Highlights

  • Fully built‑out restaurant space with gas and venting in place
  • 2,050 SF ground floor plus full basement
  • HVAC system and large kitchen are in place

Property Analytics

Current Use

Holy Virgin Protection ... Church

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Skin Care Clinic

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

Turnkey business
Opportunity
Yes
Commercial hood
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,612
Businesses Nearby
185k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 55% Groceries 25% Dining 16% Electronics 2%
Super Foodtown Groceries
44,026 visits/mo 0.3 miles
Mobil Shops & Services
22,725 visits/mo 0.1 miles
BP Shops & Services
19,538 visits/mo 0.5 miles
Burger King Dining
17,687 visits/mo 0.2 miles
Shell Shops & Services
14,972 visits/mo 0.4 miles

Demographics for 10003, NY

57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant space with gas and venting, HVAC, and a sidewalk café-ready setup.
Where is this conventional restaurant located?
The property is located at 59 E SECOND ST New York, NY.
What are key features of this property?
This property features: Fully built‑out restaurant space with gas and venting in place; 2,050 SF ground floor plus full basement; HVAC system and large kitchen are in place
More about this property
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