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    920 2Nd Ave New York, NY 10017

    For Lease
    $145 SF/Yr

    Turnkey Asian Restaurant, 3300 SF

    Lot size:
    1,650 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional retail opportunity presents a fully-equipped, 3,300 square foot Asian restaurant space on 2nd Avenue in New York County. The property boasts a spacious 1,650 square foot ground floor area, perfectly suited for customer dining and service, complemented by an equally sized 1,650 square foot basement. The basement provides ample storage and operational space, crucial for a successful restaurant operation. The space is in excellent condition and is fully vented, eliminating the need for costly upgrades or renovations. This turnkey solution allows for immediate occupancy and commencement of business operations, minimizing downtime and maximizing return on investment. The single-tenant occupancy ensures exclusive control and operational freedom. The property's location on 2nd Avenue offers high visibility and foot traffic, ideal for attracting a diverse customer base. This is a rare opportunity to acquire a well-maintained, fully functional restaurant space in a prime Manhattan location. The existing infrastructure and ventilation system are in place, making this a truly move-in ready establishment. This property is perfect for an established restaurant looking to expand or a new venture seeking a ready-made space in a high-demand area. The significant square footage provides ample room for both front-of-house and back-of-house operations, ensuring efficient workflow and customer service. Don't miss this chance to secure a thriving business location in the heart of New York City.

    Property Features for 920 2Nd Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,650 SF

    Unit(s) available at that property

    Space
    Size
    1,650 SF
    Rate per SF
    $145

    HighLights

    • Retail space totaling 1,650 square feet on the ground floor.
    • Includes an additional 1,650 square feet of basement space.
    • Suitable for an Asian restaurant; fully vented and turnkey.
    • Located in New York County on 2nd Avenue.
    • Single‑tenant occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jameson's Pub

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Food Market Dental Office Grocery Store Clothing Store Daycare Center

    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
    -73.9688452
    Latitude
    40.7539989

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    FAQs

    What type of property is this?
    Retail property - Turnkey Asian Restaurant, 3300 SF
    Where is this retail property located?
    The property is located at 920 2Nd Ave New York, NY.
    What is the lease rate?
    The lease rate is $145 SF/Yr.
    What are key features of this property?
    This property features: Retail space totaling 1,650 square feet on the ground floor.; Includes an additional 1,650 square feet of basement space.; Suitable for an Asian restaurant; fully vented and turnkey.
    Request Owner's contact information
    920 2Nd Ave New York, NY 10017
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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
    920 2Nd Ave New York, NY 10017
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