215 4Th St, New York, NY 10009

This exceptional East Village restaurant presents a unique investment opportunity. Located at 215 East 4th Street, between Avenue A and Avenue B, this single-tenant property boasts a charming atmosphere and a strong existing business. The main floor encompasses approximately 800 square feet, complemented by a sizable approximately 1,000 square foot basement. The space comfortably seats 39 patrons (34 main floor, 5 contour). The current tenant holds a valid liquor license with a 12:00 AM closing time. The current lease has 6 years remaining, with a favorable option to renew for an additional 10 years, totaling 16 years. Rent is currently $6,895.85 per month, inclusive of property taxes. Additional rent covers the tenant's proportional share of utilities (gas, electric, and water). At lease renewal, rent will increase by only 3%, mirroring previous increases. The key money is $245,000. This represents a compelling investment with significant long-term potential in a highly desirable Manhattan location. Don't miss this chance to acquire a thriving restaurant business with a secure lease.