533 11Th Ave New York, NY 10018
- Restaurants
Current Use by Public Records
- Restaurants
Property Details for 533 11Th Ave
- Property type
- Restaurants
Description
This exceptional restaurant opportunity presents a unique chance to acquire a thriving business in a highly desirable New York City location. The 1,500 square foot space boasts a full liquor license, allowing for a comprehensive beverage program. The property includes an outdoor seating area, perfectly complementing the stunning waterfront views. Currently operating under a six-year lease assignment, this offering presents a below-market rent, providing significant financial upside. Situated on 42nd Street, the restaurant enjoys a prime position across from the Hudson River waterfront, placing it within easy reach of major attractions. Neighbors include Pier 84 at Hudson River Park and La Barca Cantina, ensuring high foot traffic and a vibrant atmosphere. The property is located steps away from the Intrepid Museum, Javits Center, and Hudson Yards, guaranteeing a diverse and substantial customer base. The building itself is classified as Class A, reflecting its high quality and modern amenities. This turnkey operation in a high-traffic, iconic location offers an unparalleled investment opportunity for discerning restaurateurs seeking a well-established business with significant growth potential. The single-tenant occupancy simplifies management and ensures consistent revenue streams. This is a rare chance to secure a prime waterfront restaurant space in one of New York City's most dynamic neighborhoods. The existing lease assignment provides immediate operational access and a clear path to profitability. Don't miss this exceptional opportunity to own a piece of New York City's vibrant culinary scene.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9995
- Latitude
- 40.761
