226 50 St Between 8 Ave New York, NY 10019
- Retail properties
- 3,174 SF
Current Use by Public Records
- Retail properties
Property Details for 226 50 St Between 8 Ave
- Property size
- 3,174 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional Times Square property offers three available retail spaces, ideal for restaurants or bars. Totaling 3,174 square feet, the space is currently vacant and ready for immediate occupancy. Individual units range from a minimum of 993 square feet to a maximum contiguous space of 1,037 square feet, providing flexibility for various business needs. The property boasts a turnkey setup, perfect for a seamless transition. Its enviable location places it within steps of the 1, B, C, D, E, N, R, and W subway lines, ensuring high foot traffic and accessibility. The surrounding area is vibrant and bustling, with established businesses including The Palm, Toloache, Carnegie Diner & Café, and several prominent theaters such as the Gershwin, Ambassador, and Eugene O'Neill Theatres, as well as the Citizen M Hotel. This prime location offers unparalleled visibility and access to a diverse clientele. The property is situated in New York County and presents a unique opportunity to establish a thriving business in one of the world's most iconic locations. The space is perfect for a restaurant or bar concept looking for a high-traffic, high-visibility location in the heart of Times Square. The turnkey nature of the space allows for a quick and efficient setup, minimizing downtime and maximizing revenue potential. This is a rare opportunity to secure a significant presence in one of the most sought-after commercial areas in Manhattan.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9865
- Latitude
- 40.7624
