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    1311 Lexington Ave New York, NY 10128

    For Lease
    $169 SF/Yr

    Turnkey Cafe, 850 sq ft, No Key Money!

    Lot size:
    850 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional turnkey coffee shop presents a rare opportunity for immediate operation in New York County. Spanning 850 square feet, the property is configured as a single-tenant retail space, perfectly suited for a coffee shop, cafe, or bakery. The "no key money" aspect significantly reduces initial investment, allowing for a faster return on capital. The property's location within New York County offers high foot traffic and visibility, ideal for attracting customers. The existing setup is fully operational, eliminating the need for extensive renovations or build-outs, saving both time and money. This is a fantastic chance to acquire a thriving business or establish a new venture with minimal upfront costs. The single-tenant occupancy simplifies management and ensures consistent income streams. This turnkey solution provides immediate access to a profitable business model in a prime New York City location. The space is ready for immediate use, allowing for a swift transition and rapid commencement of operations. This presents a unique opportunity for entrepreneurs seeking a low-risk, high-reward investment in the vibrant New York City market. The absence of key money makes this an exceptionally attractive proposition for prospective buyers. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Property Features for 1311 Lexington Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    850 SF

    Unit(s) available at that property

    Space
    Size
    850 SF
    Rate per SF
    $169

    HighLights

    • Turnkey coffee shop in New York County.
    • Single‑tenant retail space.
    • 850 square feet.
    • No key money required.
    Property Profile Location Intelligence

    Current Use by Public Records

    Edward Black, PHD Psychologist NYC FLOWER MARKET Store Rex-Vogel Eva Mental Health Service Trachtenberg Joan MD Psychiatrist Willa Cobert, PHD Psychologist

    Suggested Use

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

    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
    -73.9544432
    Latitude
    40.7808503

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Cafe, 850 sq ft, No Key Money!
    Where is this restaurant located?
    The property is located at 1311 Lexington Ave New York, NY.
    What is the lease rate?
    The lease rate is $169 SF/Yr.
    What are key features of this property?
    This property features: Turnkey coffee shop in New York County.; Single-tenant retail space.; 850 square feet.
    Request Owner's contact information
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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
    1311 Lexington Ave New York, NY 10128
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