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Vented Restaurant Space
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85 First Avenue, New York City, NY 10003

Existing gas service and ventilation support restaurant operations in a neighborhood commercial setting.

Space Size1,200 SF
Days on Market29

Property Features for 85 First Avenue

General Information

Standard status Active
Size 1,200 SF
Property subtype Restaurant

Additional Details

Space Use Restaurant

Building Details

Building Size 1,200 SF
Tenancy Single

Spaces For Lease

at 85 First Avenue Contact us

Available Space

Size
1,200 SF
Availability
Active
Contact us
Listing Agency: Meridian Capital Group
Listed By: Jason Berisha · License #10401394092
Source: Crexi
Added: Aug 10 Changed: Sep 5 Last Checked: Sep 7 at 3:23AM

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 Meridian Capital Group

Investment Insights

Based on property information with market context.

This restaurant space retains a fully vented layout and an existing gas kitchen, providing built-in infrastructure for food-service use. The premises are offered for rent and were previously operated as a restaurant.

The property is located at 85 First Avenue in New York City’s East Village, near Tompkins Square Park and Astor Place. NYU campuses are also nearby, placing the space within an established urban area with neighborhood pedestrian activity.

Key Highlights

  • Fully vented restaurant space
  • Existing gas kitchen
  • Previously operated as a restaurant

Property Analytics

Current Use

PALMER'S CONSTRUCTION NYC Construction Company SUMO4D RESTAURANT Restaurant Pixel Marsala Marketing & Advertising Mimouna Botanicals Cosmetic Store

Suggested Use

Top Pick Nursing Home Auto Parts Store Pet Grooming Service Buffet 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

24,733
Businesses Nearby
Under-served
Demand for This Use

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
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Similar Off Market Nearby

  • 99 Favor Taste 285 Grand St, New York, NY 10002
  • Kikoo Sushi 141 1st Ave., New York, NY 10003

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing gas service and ventilation support restaurant operations in a neighborhood commercial setting.
Where is this conventional restaurant located?
The property is located at 85 First Avenue New York City, NY.
What are key features of this property?
This property features: Fully vented restaurant space; Existing gas kitchen; Previously operated as a restaurant
(212) 468-5955 Call to check price and availability
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