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    138 34th St New York, NY 10016-4748

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    138 34th St New York, NY 10016-4748


    • Investment properties
    • 7,035 SF
    • 0.05 lot acres
    Off-Market
    Property ID
    US63-2648488
    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.

    Value Estimations
    $2,330,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • New York City Gifts & Luggage / (Bike/Boat/Book/etc) Store
    • JinYu.spa & Wellness LLC(Original address: 169 Lextoning ave ) / Spa & Massage Center
    • JinYu Spa / Alternative Medicine Practice / Spa & Massage Center
    • The Daily Bugle / Publishing House / Newspaper & Magazine
    • Shokudo 34 / Restaurant

    Property Details for 138 34th St

    Year built
    1910
    Lot size
    0.05 lot acres
    Property size
    7,035 SF
    Zone code
    C1-9
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    00889-0062
    APU
    8890062

    Description

    This exceptional 1,900-square-foot restaurant space in New York County is available for lease. The property is a single-tenant retail space, perfectly suited for an immediate restaurant opening. The space is fully built-out, eliminating the significant time and expense associated with build-outs, allowing for a rapid commencement of operations. A key advantage is the absence of a key money requirement, making this an attractive opportunity for prospective tenants. The monthly rent is $14,900, with a security deposit equivalent to six months' rent. A good guy guarantee is required, and the tenant is responsible for paying the commission. The property includes a full basement, offering additional storage or operational space. This turnkey solution presents a rare opportunity to establish a thriving restaurant business in a prime New York City location without the usual upfront capital investment hurdles. The property's existing build-out significantly reduces the time to market, allowing for a quicker return on investment. This is an ideal location for a restaurant operator seeking a move-in ready space in a high-traffic area of New York County. The absence of key money makes this a particularly attractive proposition for businesses seeking to minimize initial financial commitments. The six-month security deposit provides a level of security for the landlord, while the good guy guarantee offers additional assurance. This fully built-out space represents a significant opportunity for a restaurant seeking a prime location in New York County.


    Value Estimations

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    • CAP approach

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    • Alternative Use

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    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9795
    Latitude
    40.746
    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
    $128,673
    $508,423
    $520,800
    $1,029,223
    -
    $1,520,000
    $1,557,000
    $3,077,000
    More about this property
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