Property profile

0 46Th St New York, NY 10036

OFF-MARKET
Restaurants
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Property summary

AI-generated overview

This exceptional 11,000-square-foot restaurant and bar space presents a unique opportunity in the heart of New York City, located on West 46th Street in zip code 10036, New York County. The property is a single-tenant space, ideal for a discerning restaurateur or bar owner seeking a high-visibility location to establish or expand their business. Its stylish and inviting atmosphere is perfectly suited to attract a diverse clientele, benefiting from the high foot traffic and tourist density of the area. The space is ready for immediate occupancy, offering a turnkey solution for those looking to capitalize on the vibrant New York City dining and nightlife scene. This prime location provides unparalleled access to a large and diverse customer base, ensuring significant potential for revenue generation. The property's size allows for a versatile layout, accommodating various concepts and designs to suit the specific needs of the future tenant. This is a rare chance to secure a substantial and well-situated space in one of the world's most dynamic culinary markets. The address is easily accessible via various public transportation options, further enhancing its appeal to both staff and patrons. This is an exceptional opportunity to establish a thriving and successful business in a highly sought-after location.

Property profile

Verified
Property type Restaurants

Cap rate & NOI

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

Location

46Th St New York, NY 10036
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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