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Korean Food Deli with Coffee Bar
For Sale
$350,000

720 2nd Ave, New York, NY 10016

Busy deli offers Korean cuisine plus juice and coffee service in a high-traffic Midtown Manhattan setting.

Days on Market145

Property Features for 720 2nd Ave

General Information

Standard status Active
Property subtype Business Opportunity

Additional Details

Business Included Yes
Listing Agency: Cana Realty
Listed By: Sam Ran Jeong · License #10401363469
Source: Exprealty
Added: Mar 9 Changed: Jul 21 Last Checked: Jul 31 at 1:42PM

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 Cana Realty

Investment Insights

Based on property information with market context.

This busy deli focuses on Korean food offerings, with additional day-to-day convenience items and beverage service. The setup includes a juice bar, coffee with a latte machine, and flower offerings alongside standard deli conveniences.

Operating hours are Monday through Friday from 6:00 am to 10:00 pm, and Saturday and Sunday from 6:00 am to 5:00 pm. The business is positioned in a very high-traffic area in the heart of Midtown Manhattan. The public remarks also note potential to expand the offering further, including delivery services and additional menu options such as chicken, tacos, and more Korean food.

Key Highlights

  • Busy deli in a very high‑traffic Midtown Manhattan area
  • Specializes in Korean food offerings
  • Includes juice bar and coffee service with a latte machine

Property Analytics

Current Use

39 K Food Food Market

Suggested Use

Top Pick Butcher Buffet (Bike/Boat/Book/etc) Store Pet Grooming Service Clothing & Fashion Store Locksmith

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

Location Intelligence

Trade Area within ½ mile

50,655
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
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
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Similar Off Market Nearby

  • Bread and butter — 45 E 33rd St, New York, NY 10016
  • DELIS 48 — 48 W 48th St, New York, NY 10036

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Busy deli offers Korean cuisine plus juice and coffee service in a high-traffic Midtown Manhattan setting.
Where is this conventional restaurant located?
The property is located at 720 2nd Ave New York, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Busy deli in a very high‑traffic Midtown Manhattan area; Specializes in Korean food offerings; Includes juice bar and coffee service with a latte machine
More about this property
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