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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 60Th St New York, NY 10065

2,319 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,319 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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