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    OFF-MARKET
    Retail properties & Spaces

    432 6Th Ave, New York, NY 10011

    Built 1920
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4,576 square foot restaurant space is ideally situated in the vibrant Greenwich Village submarket of New York City, at 432 6th Avenue, zip code 10011. The property, a three-story building constructed in 1920, offers a single-tenant occupancy within a Class C building. The space boasts a significant 30-foot frontage, ensuring high visibility and accessibility for potential customers. Its existing ventilation system is a key advantage for restaurateurs, eliminating the need for costly upfront installations. The property's location offers convenient access to multiple subway lines, enhancing its appeal to both staff and patrons. The layout includes a main floor restaurant area and a dedicated second-floor space perfect for private dining or special events, providing versatility and potential for increased revenue streams. This unique opportunity presents a compelling investment prospect for a new restaurant concept seeking a prime location in one of Manhattan's most desirable neighborhoods. The address is easily accessible and benefits from high foot traffic. This is a rare chance to establish a thriving business in a well-established and sought-after area.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1920
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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