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    60Th St New York, NY 10065
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    60Th St, New York, NY 10065

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    • Retail properties & Spaces
    • 2,319 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 60Th St

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional turnkey restaurant opportunity is located on Lexington Avenue in the vibrant 60s neighborhood of Manhattan, New York, NY 10065. The property boasts a total of 2,319 square feet, offering a spacious 1,456 square feet on the ground floor and an additional 863 square feet in the basement. The space features a 20-foot frontage, ensuring high visibility and accessibility for customers. The restaurant has undergone a complete renovation, and is equipped with brand new furniture, fixtures, and kitchen equipment, ready for immediate operation. Significant operational advantages are already in place, including gas and venting systems, eliminating the need for costly initial setup. Furthermore, a valuable liquor license is included, saving the new owner considerable time and expense in obtaining the necessary permits. The asking rent is $34,000 per month. This is a rare opportunity to acquire a fully operational, high-quality restaurant in a prime Manhattan location, eliminating the lengthy and often costly process of building from the ground up. The property is currently vacant and ready for immediate occupancy. This turnkey solution allows for a seamless transition and immediate revenue generation.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    New York
    County
    Saratoga
    State
    New York
    Longitude
    -73.9641
    Latitude
    40.7613
    More about this property
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