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Lower-Level Restaurant Space
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787 8th Ave, New York, NY 10036

Lower-level space with a prior kitchen and dining configuration, suitable for a variety of retail uses.

Space Size2,000 SF
Days on Market1191

Property Features for 787 8th Ave

General Information

Standard status Active
Size 2,000 SF
Property subtype RETAIL

Spaces For Lease

at 787 8th Ave Contact us

787 8th Ave

Floor
LL
Size
2,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Within block of Times Square, home to more than 5,800 residents, with another 172,000...
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Listing Agency: RIPCO Real Estate - Brooklyn
Listed By: Jason Pennington
Source: Moodyscre
Added: Jun 9, 2023 Changed: Aug 16 Last Checked: Sep 11 at 7:30AM

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 RIPCO Real Estate - Brooklyn

Investment Insights

Based on property information with market context.

Located at 787 8th Ave, this lower-level commercial space is described as having a prior kitchen and dining configuration. The listing notes that the space has a CofO for occupancy.

The property is positioned within a block of Times Square, at the confluence of Hell’s Kitchen and Times Square, with 7-day, 24-hour traffic mentioned in the remarks. The surrounding area includes local and national hotels and a concentration of theaters.

The space is described as having been a former restaurant location, and the listing states that all quality uses are accepted.

Key Highlights

  • Lower‑level space with a prior kitchen and dining configuration
  • Suitable for a variety of retail uses, with all quality uses accepted
  • Located at the confluence of Hell's Kitchen and Times Square

Property Analytics

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Current Use

Retail space

Suggested Use

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

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

64,730
Businesses Nearby

Demographics for 10036, NY

33,868
Population
22,473
Households
1.5
Avg Household Size
37
Median Age
69%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
84,670
Density / Sq Mi
$100,225
Median Household Income
$86,122
Median Earnings
$2,301
Median Rent
$988,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for New York, NY

$47.71 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
4,953 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Lower-level space with a prior kitchen and dining configuration, suitable for a variety of retail uses.
Where is this retail space located?
The property is located at 787 8th Ave New York, NY.
What are key features of this property?
This property features: Lower‑level space with a prior kitchen and dining configuration; Suitable for a variety of retail uses, with all quality uses accepted; Located at the confluence of Hell's Kitchen and Times Square
(212) 750-6565 Call to check price and availability
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