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    OFF-MARKET
    Restaurants

    255 43Rd St, New York, NY 10036

    Property ID
    Property summary
    AI-generated overview

    This exceptional turnkey restaurant opportunity is located in the heart of Times Square, within the Midtown submarket of New York County. The space boasts a total of 7,000 square feet, strategically divided into 4,700 square feet of indoor space and 2,700 square feet of outdoor rooftop terrace. The property features a fully vented kitchen, equipped and ready for immediate operation. A full liquor license is already in place, eliminating a significant hurdle for prospective tenants. The space also includes a private glass elevator, providing convenient access to the rooftop. Dramatic views of the city are a key feature, making this location ideal for events and catering. The property is available as a single, 7,000 square foot space. There is no key money required, and rent is negotiable. Percentage rent is also a component of the lease structure. This fully built-out space presents a rare opportunity to establish a thriving restaurant business in one of the world's most iconic locations. The property is situated near Broadway, ensuring high visibility and foot traffic. Interested parties should inquire for rental rates.

    Property profile
    Verified
    Property type Restaurants
    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
    Current use
    Occupant on record · Public records
    • Top of the Times Hotel & Motel
    • Bulle Consulting Consultant
    • The Times Square Hotel Hotel & Motel
    • Patricia A. Mitchell, APRN Physician
    • Cucs Social Service Agency Charitable Organization
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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