Kips Bay Restaurant
For Lease
Contact for pricing
Ground floor Restaurant space on Third Avenue, New York, NY 10023
Ground floor restaurant space available on Third Avenue in Kips Bay.
Space Size1,600 SF
Days on Market670
Property Features for Ground floor Restaurant space on Third Avenue
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Retail
Lease Type
Gross
Building Details
Tenancy
Single
Spaces For Lease
at Ground floor Restaurant space on Third Avenue Contact us- Size
- 1,600 SF
- Availability
- Active
Available Space
Listing Agency:
Red Sparrow Realty group
Listed By:
Russell Dinstein · License #NY
(212) 655-7526
Source:
Crexi
Added: Nov 8, 2024
Changed: Sep 5
Last Checked: Sep 9 at 5:45AM
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 Red Sparrow Realty group
Investment Insights
Based on property information with market context.
This ground floor restaurant space is located on Third Avenue in Kips Bay. The space is approximately 1600 square feet and includes a 500 square foot kitchen. The space features two half bathrooms, one of which is currently functioning as a closet. There are also two kitchens equipped with gas appliances, an oven, a grill, a steamer, and a fryer. The intended use is for a restaurant. The lease term is negotiable, and possession is immediate. The monthly rent is $18,050, which equates to $135 per square foot per year. The space is being offered in as-is condition.
Key Highlights
- Ground floor restaurant space in Kips Bay location.
- Immediate possession available.
- Equipped with two kitchens including gas appliances, oven, grill, steamer, and fryer.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$20.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
12,519
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 10023, NY
71,164
Population
46,272
Households
1.5
Avg Household Size
42
Median Age
84%
College-Educated
98%
High-School Grad
1.0 sq mi
ZIP Area
71,164
Density / Sq Mi
$157,866
Median Household Income
$109,508
Median Earnings
$3,050
Median Rent
$1,401,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Ground floor restaurant space available on Third Avenue in Kips Bay.
Where is this conventional restaurant located?
The property is located at Ground floor Restaurant space on Third Avenue New York, NY.
What is the lease rate?
The lease rate is $135 SF/Yr.
What are key features of this property?
This property features: Ground floor restaurant space in Kips Bay location.; Immediate possession available.; Equipped with **two kitchens including gas appliances, oven, grill, steamer, and fryer.**
