Property profile

846 9Th Ave New York, NY 10019

OFF-MARKET
Retail properties & Spaces
10,000 SF Built 1936
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Property summary

AI-generated overview

This exceptional 2,400 square foot restaurant space, located at 846 9th Avenue (cross street: West 56th Street) in New York County, NY 10019, presents a truly remarkable opportunity. Situated in a vibrant, high-traffic area of New York City, this Class B building offers a dramatic space with soaring ceilings and a striking, double-wide storefront featuring an all-glass façade. The layout is ideal for a variety of restaurant concepts, boasting a large, open dining area perfect for maximizing seating capacity. The property is part of a larger 10,000 square foot building, constructed in 1936, and comprises five stories. While the building does not have elevators, the significant space and prime location more than compensate. A full basement is included, providing ample storage and the potential for a prep kitchen, adding significant operational advantages. This location is perfect for a restaurant, bar, cafe, or quick-service restaurant (QSR). The address is easily accessible and benefits from high visibility and foot traffic, making it an exceptional investment for any food and beverage establishment.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1936
Total area 10,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility
  • Cycling Facility (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

846 9Th Ave New York, NY 10019
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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