720 2Nd Ave New York, NY 10016
- Retail properties
Current Use by Public Records
- 39 K Food / Deli / Organic Food Store
Property Details for 720 2Nd Ave
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a thriving deli located at 720 2nd Avenue in Midtown Manhattan, New York County. The property boasts a total of 2,692 square feet of retail space, strategically divided between a 1,346 square foot ground floor and an equally sized 1,346 square foot basement. The basement is vented, providing optimal functionality for a food service operation. A significant advantage is the inclusion of an 800 square foot outdoor patio, perfect for expanding seating capacity and enhancing the customer experience. Currently operating as a successful and profitable deli, this turnkey business offers immediate income potential. The existing liquor license will transfer to the new owner, adding considerable value and revenue streams. Detailed financial information, including income and key money, is available upon request. This prime location in Midtown ensures high foot traffic and visibility, making it an ideal investment for a discerning buyer seeking a profitable and established business in a highly desirable area. The single-tenant occupancy simplifies management and ensures consistent revenue generation. This is a rare opportunity to acquire a well-established, profitable business with significant growth potential in a prime Manhattan location.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9735
- Latitude
- 40.7476
