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Korean Deli Restaurant
For Sale
$350,000

720 2nd Avenue New York, Manhattan, NY 10016

Food service operation offering Korean fare, juices, coffee, flowers, and standard deli items.

Property Size10,800 SF
Days on Market176

Property Features for 720 2nd Avenue New York

General Information

Standard status Active
Size 10,800 SF
Property subtype Business Opportunity
Zoning C1-9

Taxes and HOA fees

Annual Taxes $142,183

Building Details

Building Size 10,800 SF
Year Built 1910
Listing Agency: Promise Realty LLC
Listed By: Sam Ran Jeong · License #10401363469
Source: Professionalchoicerealty
Added: Mar 9 Changed: Aug 29 Last Checked: Aug 30 at 5:37PM

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 Promise Realty LLC

Investment Insights

Based on property information with market context.

This conventional restaurant at 720 2nd Avenue in New York’s Midtown Manhattan offers Korean food alongside a juice bar, coffee service with a latte machine, flower sales, and standard deli conveniences. The operation is open Monday through Friday from 6 am to 10 pm, with weekend hours from 6 am to 5 pm.

The property carries C1-9 zoning and was built in 1910. Its current mix of prepared food, beverages, floral products, and deli merchandise supports a varied storefront concept within a Manhattan commercial setting.

Key Highlights

  • Korean food offerings paired with juice bar and coffee service
  • Latte machine included in the coffee operation
  • Flower sales and standard deli conveniences

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.

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 - Food service operation offering Korean fare, juices, coffee, flowers, and standard deli items.
Where is this conventional restaurant located?
The property is located at 720 2nd Avenue New York Manhattan, 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: Korean food offerings paired with juice bar and coffee service; Latte machine included in the coffee operation; Flower sales and standard deli conveniences
More about this property
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