Property summary
This exceptional retail opportunity presents two contiguous or divisible spaces totaling 2,244 square feet, ideally suited for restaurants. Located on 1st Avenue in the 50s of Manhattan, within New York County, this property benefits from a high-traffic location in a densely populated area. Each space offers excellent ventilation, a crucial feature for food service establishments. The minimum divisible space is 950 square feet, while the maximum contiguous space available is 1,294 square feet, providing flexibility for various restaurant concepts. The entire 2,244 square foot building is currently vacant, presenting a unique chance to establish a thriving business in a prime Manhattan location. The property's multiple tenancy allows for the possibility of dividing the space to accommodate different businesses or expanding a single operation. This is a rare chance to secure a well-ventilated, high-visibility restaurant space in a vibrant and densely populated area of Manhattan. The property's location ensures high foot traffic and visibility, making it an attractive proposition for any restaurant operator seeking a strong foothold in the New York City market. This turnkey opportunity is ready for immediate occupancy.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight