447 Lexington Ave, New York, NY 10017
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.
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Five Star Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.