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    OFF-MARKET
    Retail properties & Spaces

    340 46 St Between 8 & 9 Ave, New York, NY 10036

    2,000 SF Built 1984
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1984
    Total area 2,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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