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    340 46 St Between 8 & 9 Ave New York, NY 10036

    Sponsored
    For Sale
    Contact for pricing

    Established Restaurant, Turnkey Operation, Immediate Possession.

    Property size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional opportunity presents a fully operational restaurant located at 340 W 46th St, New York, NY 10036, between 8th and 9th Avenues. The property, built in 1984, boasts a total of approximately 3100 square feet of space, encompassing 2000 square feet on the ground floor and an additional approximately 1100 square feet in the lower level. The restaurant is a turnkey operation, fully furnished and equipped, including a full liquor license. This high-volume establishment has cultivated a dedicated clientele and loyal staff over its many years of operation as a family-owned business. Its success is further enhanced by the availability of outdoor seating. The property is categorized as retail, specifically a restaurant, and offers immediate possession, making it an ideal acquisition for a seasoned restaurateur or an ambitious entrepreneur seeking a profitable, established business. The property's location in the vibrant New York City ensures high foot traffic and visibility. This is a rare chance to acquire a thriving, established restaurant with a proven track record and significant potential for continued growth.

    Property Features for 340 46 St Between 8 & 9 Ave

    General Information

    Property type
    Restaurants
    Square Feet
    2,000 SF

    Building Details

    Year Built
    1984

    HighLights

    • Turnkey restaurant with full liquor license, fully furnished and equipped.
    • Highly profitable, family‑owned restaurant operating since 1984.
    • High‑volume restaurant with established clientele and loyal staff.
    • 2,000 SF ground floor space.
    • 1,100 SF lower level.
    • Outdoor seating.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9895342
    Latitude
    40.7602732

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, Turnkey Operation, Immediate Possession.
    Where is this restaurant located?
    The property is located at 340 46 St Between 8 & 9 Ave New York, NY.
    What are key features of this property?
    This property features: Turnkey restaurant with full liquor license, fully furnished and equipped.; Highly profitable, family-owned restaurant operating since 1984.; High-volume restaurant with established clientele and loyal staff.
    Request Owner's contact information
    340 46 St Between 8 & 9 Ave New York, NY 10036
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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
    340 46 St Between 8 & 9 Ave New York, NY 10036
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