Current Use by Public Records
- Cafe Fresco UES / Cafe & Coffee Shop
- Eastside Art Gallery Inc / (Bike/Boat/Book/etc) Store / Home Decor Store
- ATM / Atm
Property Details for 1239 1St Ave
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional 2,000-square-foot retail space, located at 1239 First Avenue on a prime corner at 67th Street, presents a unique opportunity for a strong operator. The property is ideally suited for a quick-service restaurant (QSR), food market, or fast-food establishment. Currently vacant, this single-tenant space boasts a remarkable 60-foot corner frontage, ensuring high visibility and significant foot traffic. The space is fully equipped with like-new equipment, representing an investment exceeding $200,000. A fully equipped lower level includes walk-in freezers, a prep area, and an ice machine, among other features. The monthly rent is $33,000. This enviable location benefits from proximity to schools, hospitals, various transportation options, and established retailers, guaranteeing a strong customer base. A video tour is available online. This turnkey operation eliminates the need for extensive upfront investment, allowing the new tenant to focus on business operations immediately. The property's superior location and comprehensive equipment make it an exceptional opportunity in the Upper East Side's vibrant retail market. Serious inquiries only.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- Saratoga
- State
- New York
- Longitude
- -73.9586
- Latitude
- 40.7646
