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    1342 Amsterdam Ave New York, NY 10027

    Sponsored
    For Lease
    $141 SF/Yr

    Prime Uptown NYC QSR Opportunity

    Lot size:
    7,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,500 square foot, two-story restaurant space at 1342 Amsterdam Avenue, near West 125th Street in New York, NY 10027, presents a unique investment opportunity. Built in 1930 and renovated in 2020, the property boasts a highly visible location on a bustling commercial thoroughfare, benefiting from heavy foot and vehicular traffic. Currently configured for multiple tenancies, one 850 square foot space is immediately available. Its prime location near Columbia University and subway access ensures consistent customer flow. The space features desirable attributes including wide frontage, high ceilings, and an efficient layout. The property includes full gas and venting infrastructure, making it ideal for a quick-service restaurant (QSR), deli, pizzeria, or other food service establishment. This exciting uptown location offers significant potential for a thriving food and beverage business. The building's total square footage is 7,500, spread across two stories. This is a rare chance to secure a well-positioned commercial space in a vibrant and densely populated area of Manhattan.

    Property Features for 1342 Amsterdam Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,500 SF
    Total Rate
    88125

    Building Details

    Year Built/Renovated
    1930/2020
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    850 SF
    Rate per SF
    $141
    Property Profile Location Intelligence

    Current Use by Public Records

    Dunkin' Coffee Shop

    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
    -73.9562763
    Latitude
    40.8137409

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    FAQs

    What type of property is this?
    Restaurant - Prime Uptown NYC QSR Opportunity
    Where is this restaurant located?
    The property is located at 1342 Amsterdam Ave New York, NY.
    What is the lease rate?
    The lease rate is $141 SF/Yr.
    Request Owner's contact information
    1342 Amsterdam Ave New York, NY 10027
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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
    1342 Amsterdam Ave New York, NY 10027
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