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    4195 Broadway New York, NY 10033

    For Sale
    $600,000

    Established Restaurant, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional opportunity presents the chance to acquire a thriving, well-established restaurant located at 4195 Broadway in the vibrant Manhattan neighborhood of New York City, NY 10033. Priced at $600,000, this special purpose property offers a turnkey solution for an ambitious restaurateur. The existing business enjoys a strong reputation and loyal customer base, eliminating the significant time and investment typically associated with building a new restaurant from the ground up. The property itself is categorized as commercial land, with no specified square footage or units listed. This presents a unique advantage, allowing for potential expansion or adaptation to suit the buyer's vision and operational needs. The property's location on Broadway in Manhattan ensures high visibility and foot traffic, contributing to the existing business's success. This is a rare chance to acquire a profitable, ready-to-operate restaurant in a prime New York City location, offering immediate revenue generation and significant growth potential. The property's history as a neighborhood favorite provides a solid foundation for continued success, minimizing the risks often associated with new ventures. Serious inquiries are encouraged to explore this exceptional investment opportunity further. This is a unique chance to step into a successful business with an established clientele and a proven track record.

    Property Features for 4195 Broadway

    General Information

    Property type
    Land

    HighLights

    • $600,000 asking price for a commercial land property.
    • Located at 4195 Broadway, New York, NY 10033 (Manhattan).
    • Special purpose property, zero square footage, zero units.
    • Established restaurant business included in sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tu Cachapa inc Venezuelan Restaurant Tu Cachapa Venezuelan Restaurant EL Azteca & El ... Salvadoran Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon 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
    -73.9380171
    Latitude
    40.8481895

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    FAQs

    What type of property is this?
    Land - Established Restaurant, High-Traffic Location
    Where is this land located?
    The property is located at 4195 Broadway New York, NY.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: $600,000 asking price for a commercial land property.; Located at 4195 Broadway, New York, NY 10033 (Manhattan).; Special purpose property, zero square footage, zero units.
    Request Owner's contact information
    4195 Broadway New York, NY 10033
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    New York, NY 10033
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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
    4195 Broadway New York, NY 10033
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