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    OFF-MARKET
    Retail properties & Spaces

    0 Ground Floor Restaurant Space On 3 Ave, New York, NY 10016

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    Property summary
    AI-generated overview

    This exceptional ground floor restaurant space, located in the vibrant Kips Bay neighborhood on Third Avenue, offers approximately 1,600 square feet of prime retail space. Ideal for a restaurant operator, the property features a sizable 500 square foot kitchen equipped with gas appliances including an oven, grill, steamer, and fryer. Two half-bathrooms are included, although one is currently used as a closet. The space boasts immediate occupancy and a negotiable lease term. The monthly rent is $18,050, translating to $135 per square foot. The property is offered in "as is" condition. While taxes and utilities are not specified, the landlord is not offering any tenant improvements. All dimensions are approximate; prospective tenants should conduct their own due diligence to verify measurements. Please note that all information provided is subject to errors, omissions, changes in price, prior sale or lease, or withdrawal without notice.

    Property profile
    Verified
    Property type Retail properties & Spaces
    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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    Permitted uses
    Allowed · conditional · prohibited
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