Property summary
447 Lexington Avenue presents a unique opportunity for discerning businesses seeking a prominent location in the heart of New York City. This exceptional property offers a total of 7,000 square feet of commercial space, ideally suited for retail or restaurant use. The building is currently fully vacant, providing a blank canvas for a new tenant to create their ideal space. Two suites are available, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 6,000 square feet, offering flexibility for various business needs and expansion plans. The property's previous tenant, Davio's Steakhouse, left behind a well-equipped, second-generation restaurant space, featuring existing infrastructure that significantly reduces build-out costs and time. This turnkey solution is perfect for restaurant operators looking for a quick and efficient entry into a high-traffic area. Located in New York County, at 447 Lexington Avenue, zip code 10017, this property benefits from excellent visibility and accessibility, making it an ideal location to attract a large customer base. The address is strategically positioned to capitalize on the high foot traffic and dense population of the surrounding neighborhood. This is a rare chance to secure a prime commercial space in one of Manhattan's most desirable locations. Don't miss this opportunity to establish your business in a thriving and vibrant area.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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