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    11 7Th St New York, NY 10003

    For Lease
    Contact for pricing

    Prime East Village eatery, 1200 sq ft.

    Lot size:
    7,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1,200 square foot restaurant space, located at 11 East 7th Street in New York City's vibrant East Village, presents a turnkey opportunity for restaurateurs. Situated within a 7,500 square foot building in New York County, this single-tenant space boasts a stylish design and a highly desirable location on a bustling block. The property features high ceilings, a wide frontage, and large storefront windows, maximizing natural light and curb appeal. Interior highlights include pressed tin ceilings, exposed brick, hardwood floors, and custom lighting. A fully built, second-generation kitchen is equipped with a large hood system, ensuring efficient and compliant food preparation. Climate control is provided by split unit HVAC systems. Furthermore, the space includes a full basement, offering valuable additional storage or operational space. The flexible layout allows for creative design and efficient workflow. This is an ideal location for those seeking to establish or expand their presence in New York City's competitive culinary landscape. The property is ready for immediate occupancy.

    Property Features for 11 7Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,500 SF

    Unit(s) available at that property

    Space
    Size
    1,200 SF

    HighLights

    • 1,200 SF turnkey restaurant space in NYC's East Village at 11 East 7th Street.
    • Located in a 7,500 SF building in New York County; single‑tenant occupancy.
    • Features high ceilings, wide frontage, large storefront windows, pressed tin ceilings, exposed brick, hardwood floors, and custom lighting.
    • Includes a fully built‑out second‑generation kitchen with a large hood system and split unit HVAC.
    • Offers a full basement for storage and a flexible layout.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CHINESE CUISINE BBQ ... Chinese Restaurant SURMA - The Ukrainian Shop Book Store Four Four south ... Taiwanese Restaurant

    Suggested Use

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

    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
    -73.9898209
    Latitude
    40.7289082

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    FAQs

    What type of property is this?
    Restaurant - Prime East Village eatery, 1200 sq ft.
    Where is this restaurant located?
    The property is located at 11 7Th St New York, NY.
    What are key features of this property?
    This property features: 1,200 SF turnkey restaurant space in NYC's East Village at 11 East 7th Street.; Located in a 7,500 SF building in New York County; single-tenant occupancy.; Features high ceilings, wide frontage, large storefront windows, pressed tin ceilings, exposed brick, hardwood floors, and custom lighting.
    Request Owner's contact information
    11 7Th St New York, NY 10003
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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
    11 7Th St New York, NY 10003
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