311 2Nd Ave New York, NY 10003
- Restaurants
Current Use by Public Records
- Topia Newstand / Tobacco Shop / Candy Store
- Manhattan Indian Flavor / Bar / Indian Restaurant
Property Details for 311 2Nd Ave
- Property type
- Restaurants
Description
This exceptional restaurant opportunity is located at 311 2nd Avenue in the vibrant Gramercy Park neighborhood of New York City. The property boasts a prime corner location offering excellent street visibility and foot traffic. The space totals 1,600 square feet, including a full basement, providing ample room for operations and storage. The restaurant is currently operating as a tenant, but the space is available for lease. The fully equipped kitchen features a 22-foot hood, ensuring efficient food preparation. Two bathrooms are conveniently located within the premises. The property benefits from a full liquor license with a 12 AM closing time, allowing for extended operating hours. The current monthly rent is $11,236, with a lease term of 6.5 years remaining, plus two five-year renewal options. Key money is required. This turnkey operation presents a unique chance to establish or expand a successful restaurant business in a highly desirable location. The property's excellent condition and prime location make it an attractive investment opportunity. Serious inquiries only.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9834
- Latitude
- 40.7351
