Turn-Key Restaurant & Lounge
For Sale
Contact for pricing
Pending
37 S 5th Ave, Mount Vernon, NY 10550
Fully built-out restaurant and lounge in Mount Vernon, NY.
Property SizeContact for details
Days on Market776
Property Features for 37 S 5th Ave
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
The Agency
(914) 262-2598
Listed By:
Bryan Lanza · License #NY 10401287317
Source:
Crexi
Added: Jul 18, 2024
Changed: Aug 31
Last Checked: Aug 31 at 12:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Agency
Investment Insights
Based on property information with market context.
This fully built-out restaurant and lounge space is for sale in the heart of Mount Vernon, NY. The property offers a prime opportunity to own a space in the dining and entertainment scene. The property features two levels, offering flexibility for dining, private events, and entertainment. It includes two fully equipped bars, one on the upper level and one on the street level. The expansive kitchen is equipped to handle high-volume cooking, catering services, and special events. The spacious lounge area is suitable for hosting live entertainment, private parties, or casual dining. The space comfortably accommodates over 80 guests, with room for customization. The property is situated in the heart of Mount Vernon, surrounded by a vibrant community, drawing in local patrons and visitors. Its location offers visibility and accessibility, intended to ensure consistent foot traffic. This turn-key space is designed to start generating revenue. It is suited for restaurateurs, investors, and entrepreneurs looking for a start in the food and entertainment business.
Key Highlights
- Turn‑key restaurant and lounge: Fully built‑out and ready to generate revenue immediately.
- Prime location: Situated in the heart of Mount Vernon with high visibility and foot traffic.
- Two levels of versatility: Offers flexibility for dining, private events, and entertainment.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,022
Businesses Nearby
128k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 39%
Shops & Services 34%
Dining 14%
Apparel 8%
Food Bazaar Supermarket
Groceries
49,467 visits/mo
0.1 miles
Family Dollar
Shops & Services
9,515 visits/mo
0.5 miles
Gulf Oil
Shops & Services
8,519 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
7,852 visits/mo
0.3 miles
Dollar General
Shops & Services
7,451 visits/mo
0.5 miles
Demographics for 10550, NY
41,137
Population
16,865
Households
2.4
Avg Household Size
38
Median Age
23%
College-Educated
82%
High-School Grad
2.0 sq mi
ZIP Area
20,569
Density / Sq Mi
$56,903
Median Household Income
$43,733
Median Earnings
$1,451
Median Rent
$482,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Ms. Cherry's — 4710 White Plains Rd, Bronx, NY 10470
- Dinner by Delaines — 348 Seneca Ave, Mt Vernon, NY 10553
- Salsa Caterers — 209 Stevens Ave, Mt Vernon, NY 10550
- Bills good humor — 277 E 3rd St, Mt Vernon, NY 10553
- Ran & Gui’s kitchen — 98 E 1st St Corner, Mt Vernon, NY 10550
Frequently Asked Questions
What type of property is this?
Restaurant - Fully built-out restaurant and lounge in Mount Vernon, NY.
Where is this restaurant located?
The property is located at 37 S 5th Ave Mount Vernon, NY.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Turn‑key restaurant and lounge: Fully built‑out and ready to generate revenue immediately.; Prime location: Situated in the heart of Mount Vernon with high visibility and foot traffic.; Two levels of versatility: Offers flexibility for dining, private events, and entertainment.
