Property profile

48 27Th St New York, NY 10001

OFF-MARKET
Restaurants
665 SF
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Property summary

AI-generated overview

This exceptional 665-square-foot restaurant space is available for lease at 48 West 27th Street in the heart of New York City, New York County. Located in the vibrant 10001 zip code, this single-tenant property presents a unique opportunity for a discerning restaurateur. The property's convenient location offers excellent visibility and accessibility, making it an ideal spot to establish or expand a thriving culinary business. The space is ready for immediate occupancy, allowing for a swift and efficient transition. The building's total square footage is 665 square feet, providing ample room for a well-designed dining area, kitchen, and supporting facilities. This commercial property is classified as a restaurant and is a single-tenant occupancy, ensuring exclusive use and control. Its strategic location within New York City offers unparalleled access to a diverse and densely populated customer base. The property's address is 48 W 27th St, New York, NY 10001. This is a fantastic opportunity to secure a prime location for your restaurant venture in one of the world's most dynamic culinary scenes. The property is currently available for lease and offers a blank canvas for a creative and successful restaurant concept. Interested parties are encouraged to inquire further to explore the possibilities this exceptional space presents. The property is situated at latitude 40.7449418 and longitude -73.9903911.

Property profile

Verified
Property type Restaurants
Total area 665 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service

Location

48 27Th St New York, NY 10001
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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