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    1008 2Nd Ave New York, NY 10022

    Sponsored
    For Lease
    Contact for pricing

    Two Units, 10022, New York City

    Lot size:
    1,949 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 1008 2nd Avenue in the vibrant heart of New York City (zip code 10022), presents a rare opportunity for discerning restaurateurs. The property is a restaurant space encompassing a total of 1,949 square feet, currently divided into two separately leasable units. Each unit offers ample space for a variety of culinary concepts. One unit measures approximately 949 square feet, while the other is approximately 1,000 square feet. The building's classification is "Multiple Tenancy," indicating a flexible and potentially lucrative setup for multiple operators or a single entity seeking expansion. Situated in New York County, this location benefits from high foot traffic and proximity to a diverse and densely populated residential and commercial area. The property's address is 1008 Second Avenue, New York, NY. This is a turnkey opportunity to establish or expand a successful restaurant business in one of New York City's most dynamic neighborhoods. The property is currently available for lease. The precise layout and configuration of the units can be provided upon request. Serious inquiries are encouraged to explore this exciting investment prospect. This listing presents a unique chance to secure a well-positioned restaurant space in a prime New York City location.

    Property Features for 1008 2Nd Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,949 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    949 SF
    Space
    Basement
    Size
    1,000 SF

    HighLights

    • Former La Mangeoire Restaurant Space
    • Fully Vented Kitchen
    • High Visibility on Second Avenue
    • High Foot Traffic, Midtown East Location
    • 20‑foot Frontage
    • 11‑foot Ceilings
    Property Profile Location Intelligence

    Current Use by Public Records

    2nd Ave convenience Tobacco Shop

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Dental Office Food Market Clothing Store Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9668354
    Latitude
    40.7568328

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    FAQs

    What type of property is this?
    Restaurant - Two Units, 10022, New York City
    Where is this restaurant located?
    The property is located at 1008 2Nd Ave New York, NY.
    What are key features of this property?
    This property features: Former La Mangeoire Restaurant Space; Fully Vented Kitchen; High Visibility on Second Avenue
    Request Owner's contact information
    1008 2Nd Ave New York, NY 10022
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    New York, NY 10022
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1008 2Nd Ave New York, NY 10022
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