252 46th St New York, NY 10036-0200
- Retail residential properties
- 4,645 SF
- 0.04 lot acres
Current Use by Public Records
- 46th Street Club House / Alcoholism Treatment Program / American Restaurant
- J Copy Plus / Copy Shop / Commercial Printer
- 247 West 46th Street / Parking Garage / Parking Lot
- O'CASEYS TIMES SQUARE / Restaurant / Bar
- Parkieee / Parking Lot
Property Details for 252 46th St
- Year built
- 1920
- Lot size
- 0.04 lot acres
- Property size
- 4,645 SF
- Zone code
- C6-5
- Property type
- Retail residential properties
- APN
- 01017-0057
- APU
- 10170057
Description
This exceptional investment opportunity presents a bustling, established restaurant in the heart of New York City's vibrant Theatre District. Located at 252 W 46th St, this 2,850 square foot, two-story property currently operates as O'Casey's Pub, an Irish-themed restaurant. The sale includes all equipment, existing goodwill, and assignment of the remaining 19.5-year lease. This prime location benefits from exceptionally high foot traffic, exceeding 500,000 pedestrians daily, a number projected to increase with the upcoming completion of a large Disney hotel in 2027. The area boasts significant tourist attractions, including Broadway shows (Hamilton and Sweeney Todd are currently running nearby), the Paramount Hotel, and the Marriott Marquis. The impending arrival of gambling in Times Square further enhances the area's appeal and potential for increased revenue. This owner-user investment presents a rare chance to acquire a well-established business with a long-term lease in a high-growth location. Detailed rent schedules and equipment lists are available upon request. The property is classified as retail, with a single tenancy. The asking price is $475,000. This is a turnkey operation ready for a new owner to step in and continue its success.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9873
- Latitude
- 40.7593
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA