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    35Th St New York, NY 10123

    Sponsored
    For Sale
    $1,450,000

    High-volume, profitable bagel business

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional, well-established bagel shop in Midtown Manhattan presents a lucrative investment opportunity. Located on W 35th St, New York, NY 10123, this 3,000 square foot retail space boasts a prime location with high foot traffic, ensuring consistent customer flow. The business operates under a favorable 10-year NNN lease, minimizing operational overhead. Financial records reveal an impressive average annual revenue exceeding $3.5 million over the past four years, with recent weekly sales reaching $110,000. The asking price is $1,450,000, and owner financing may be available for qualified buyers. The property features high ceilings and a total of 5200 square feet, offering potential for expansion or additional revenue streams. This turnkey operation is ready for a new owner to continue its success story in one of Manhattan's most vibrant neighborhoods. This is a rare opportunity to acquire a high-performing business with a proven track record and significant growth potential. The property's strong financials and long-term lease make it an attractive investment for discerning buyers seeking a stable and profitable venture in the heart of New York City.

    Property Features for 0 35Th St

    General Information

    Property type
    Restaurants
    Square Feet
    3,000 SF

    HighLights

    • High‑performing bagel shop in Midtown Manhattan, generating over $3.5M annual revenue.
    • Located on W 35th St, New York, NY 10123, in a high‑traffic area.
    • 3,000 sq ft retail space with a 10‑year NNN lease.
    • Asking price: $1,450,000; owner financing may be available.
    • 5,200 sq ft total building area, offering expansion potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9841248
    Latitude
    40.74917467

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    FAQs

    What type of property is this?
    Restaurant - High-volume, profitable bagel business
    Where is this restaurant located?
    The property is located at 35Th St New York, NY.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: High-performing bagel shop in Midtown Manhattan, generating over $3.5M annual revenue.; Located on W 35th St, New York, NY 10123, in a high-traffic area.; 3,000 sq ft retail space with a 10-year NNN lease.
    Request Owner's contact information
    35Th St New York, NY 10123
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    35Th St
    New York, NY 10123
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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
    35Th St New York, NY 10123
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