45 44Th St New York, NY 10036

Property Details for 45 44Th St

Year built

1999

Lot size

0.36 lot acres

Property size

294,000 SF

Zone code

C64.5

Property type

Hotels

APN

01260-0014

APU

12600014

Description

This exceptional turnkey restaurant and bar opportunity is situated within a prestigious Midtown Manhattan hotel. Boasting a total of 15,000 square feet, this Class A space is perfectly positioned to capitalize on the area's high foot traffic and strong retail environment. The property features a stunning, fully built-out interior, ready for immediate occupancy. The main floor encompasses 7,500 square feet, while an equally spacious 7,500 square foot lower level houses a fully equipped commercial kitchen. The layout is designed to comfortably seat 220 patrons, making it ideal for a variety of high-volume concepts. Its prime location between Grand Central Terminal, Bryant Park, and Rockefeller Center ensures unparalleled visibility and accessibility. This is a rare chance to acquire a fully operational, high-capacity establishment in one of New York City's most desirable commercial corridors. The asking rent is $100,000 per month, with lease terms ranging from 10 to 15 years. This presents a unique investment opportunity in a thriving market with significant potential for long-term growth and profitability. The property is a single-tenant space, offering streamlined management and operational efficiency. This turnkey solution eliminates the extensive build-out process, allowing for a rapid launch and immediate revenue generation.

Location Insight

City

New York

County

New York

State

New York

Longitude

-73.9816

Latitude

40.756

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments