358 47Th St, New York, NY 10036
This exceptional 800-square-foot retail or restaurant space is ideally situated in the vibrant Hell's Kitchen neighborhood of New York City, at 358 W. 47th Street, zip code 10036. The property boasts a single-tenant occupancy and offers a unique opportunity for a business seeking high visibility and foot traffic. The space features a desirable U-shaped layout and includes exclusive use of an 800-square-foot lower level and a backyard. Previous use as a restaurant indicates existing venting infrastructure. The location benefits from excellent exposure and frontage on a highly trafficked street, just off 9th Avenue and in close proximity to Times Square. This prime location provides access to a thriving commercial and residential community, with easy access to subway lines. The area is experiencing significant growth, attracting both businesses and residents, making this an ideal location for a variety of retail or restaurant concepts. The high concentration of skyscrapers, tourists, and commuters ensures consistent exposure to a large potential customer base. This is a remarkable opportunity to establish a business in a dynamic and rapidly developing area of Manhattan.
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RINK Clothing & Fashion Store
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UT47 Manhattan Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.