340 46 St Between 8 & 9 Ave, New York, NY 10036
This exceptional opportunity presents a fully operational restaurant located at 340 W 46th St, New York, NY 10036, between 8th and 9th Avenues. The property, built in 1984, boasts a total of approximately 3100 square feet of space, encompassing 2000 square feet on the ground floor and an additional approximately 1100 square feet in the lower level. The restaurant is a turnkey operation, fully furnished and equipped, including a full liquor license. This high-volume establishment has cultivated a dedicated clientele and loyal staff over its many years of operation as a family-owned business. Its success is further enhanced by the availability of outdoor seating. The property is categorized as retail, specifically a restaurant, and offers immediate possession, making it an ideal acquisition for a seasoned restaurateur or an ambitious entrepreneur seeking a profitable, established business. The property's location in the vibrant New York City ensures high foot traffic and visibility. This is a rare chance to acquire a thriving, established restaurant with a proven track record and significant potential for continued growth.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.