Building Details

Tenancy Single

Listing Agency: Midtown Commercial Real Estate

Listed By: Sung Cho · License #10301203280 Show Phone

Source: Crexi

Added: May 4, 2022 Changed: Oct 15 Last Checked: Oct 16 at 9:22AM

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Investment Insights

Based on property information with market context.

A well-established bagel shop in Midtown Manhattan is available for purchase. The business reports high volume and a strong customer base. The space encompasses a total of 5,200 square feet, with 3,000 square feet on the ground floor featuring high ceilings. The location benefits from very high foot traffic. The business has a 10-year lease with favorable terms. Average profitable sales for the last four years have been reported as $3.5 million, with recent weekly sales of $110,000. Owner financing is available for qualified buyers.

Key Highlights

• High Volume, Well Established Bagel Shop in Midtown Manhattan
• Average Profitable Sales last 4 years $3.5 MM
• Recent weekly sales: $110,000

Property Analytics

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Current Use

Breakfast & diners

Location Intelligence

Trade Area within ½ mile

96,059

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Similar Off Market Nearby

• Tompkins Square Bagels — 23 E 17th St, New York, NY 10003
• Wendy's — 112 E 23rd St, New York, NY 10010
• Manolo's Coffee Express — 342 E 28th St, New York, NY 10016
• Grabstein’s Bagels — 59 W 22nd St, New York, NY 10010
• Wendy's — 24 W 23rd St, New York, NY 10010

Frequently Asked Questions

What type of property is this?

Breakfast & diner - High-volume bagel shop for sale in Midtown Manhattan.

Where is this breakfast & diner located?

The property is located at W 35th St New York, NY.

What is the asking price?

The asking price for this property is $1,450,000.

What are key features of this property?

This property features: High Volume, Well Established Bagel Shop in Midtown Manhattan; Average Profitable Sales last 4 years $3.5 MM; Recent weekly sales: $110,000