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    808 Lexington Ave New York, NY 10065

    For Lease
    $240,000

    Upscale NYC Restaurant Space Available

    Lot size:
    1,456 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1,456 square foot retail space, located at 808 Lexington Avenue in New York City's prestigious Upper East Side (zip code 10065), is available for immediate occupancy. The property boasts a prime location with 20 feet of frontage on Lexington Avenue. The space is a fully built-out restaurant, featuring glass frontage and existing venting systems. The ground floor comprises 1,456 square feet, complemented by an 863 square foot basement. The asking rent is $40,000 per month, with the landlord open to negotiating a percentage rent deal based on the tenant's sales. No key money is required. The lease term is negotiable, and all uses will be considered. This single-tenant space presents a unique opportunity for a discerning business to establish a presence in one of Manhattan's most desirable neighborhoods. The property is situated in New York County and offers immediate possession.

    Property Features for 808 Lexington Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,456 SF
    Total Rate
    240000

    Unit(s) available at that property

    Space
    Size
    1,456 SF
    Rate per SF
    $240,000

    HighLights

    • 1,456 SF retail space at 808 Lexington Ave, Upper East Side (10065), immediately available.
    • Prime location with 20' of Lexington Avenue frontage.
    • Fully built‑out restaurant space with glass frontage and existing venting.
    • Ground floor: 1,456 SF; basement: 863 SF.
    • Asking rent: $40,000/month, with percentage rent options negotiable.
    • No key money; lease terms negotiable; all uses considered.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Il Gradino Italian Restaurant Manhattan Laser Spa Medical Spa

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office 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
    -73.966853208909
    Latitude
    40.764399566726

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    FAQs

    What type of property is this?
    Retail property - Upscale NYC Restaurant Space Available
    Where is this retail property located?
    The property is located at 808 Lexington Ave New York, NY.
    What is the lease rate?
    The lease rate is $240,000.
    What are key features of this property?
    This property features: 1,456 SF retail space at 808 Lexington Ave, Upper East Side (10065), immediately available.; Prime location with 20' of Lexington Avenue frontage.; Fully built-out restaurant space with glass frontage and existing venting.
    Request Owner's contact information
    808 Lexington Ave New York, NY 10065
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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
    808 Lexington Ave New York, NY 10065
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