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Property profile & analytics

537 9Th Ave New York, NY 10018

  • Investment properties
  • 3,840 SF
  • 0.03 lot acres
Value Estimation
$1,440,000
Location Intelligence
Property ID
US63-6252548
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Shah’s Halal Food / Halal Restaurant / Restaurant

Property Details for 537 9Th Ave

Year built
1900
Lot size
0.03 lot acres
Property size
3,840 SF
Zone code
C17A
Property type
Investment properties
Property subtype
Live-work space
APN
00737-0038
APU
7370038

Description

This exceptional 1,400 square foot fast-food restaurant is available for sale in the vibrant Midtown West neighborhood of Manhattan, New York County. Located at 537 9th Avenue, New York, NY 10018, this ground-floor space boasts a full basement and benefits from a highly desirable, high-traffic location near Times Square. The property is currently operating as a Chicken and Waffles restaurant. The space underwent a complete renovation just two years ago, resulting in a fully built-out kitchen equipped with gas appliances. The lease is a 10-year agreement with a 5-year option, and the monthly rent is $7,480. This turnkey operation presents a fantastic opportunity for a savvy investor or restaurateur looking to establish or expand their business in a prime Manhattan location. The key money is available upon request. The property is a single-tenant space, offering ease of management and control. This is a rare opportunity to acquire a well-established restaurant in a high-demand area with significant growth potential. The property's recent renovation ensures that it is in excellent condition and ready for immediate operation. The convenient location near Times Square guarantees high visibility and foot traffic, making it an ideal investment for a thriving business.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9939
Latitude
40.7571
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$41,697
$41,948
$291,572
$333,520
-
$325,000
$2,259,000
$2,584,000
More about this property
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