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    Property profile & analytics
    OFF-MARKET Estimated value $1,610,000
    Investment properties

    26 Vesey St, New York, NY 10007-2906

    3,660 SF 0.04 ac lot Built 1951
    Entity Owned 25-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-0854684
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a unique chance to acquire two fully operational and equipped restaurants in one building at 26 Vesey Street in Lower Manhattan, New York County, NY 10007. The property consists of a ground floor gourmet deli and a second-floor pizzeria, both fully furnished and equipped with state-of-the-art installations. Each restaurant is turnkey, ready for immediate operation. The building itself is a four-story structure, offering significant additional space. A fully equipped basement and sub-basement provide ample storage, multiple walk-in refrigerators and freezers, and additional prep kitchens. This prime location directly across from the Freedom Tower ensures high foot traffic from thousands of pedestrians and tourists daily. The total building square footage is not specified, but the two restaurants are fully operational and ready for a new owner. This is a rare opportunity to own a unique, established business in a highly desirable and iconic location. The property offers significant potential for growth and profitability due to its location and the turnkey nature of the businesses. This is a truly remarkable opportunity for an investor seeking a high-return investment in a vibrant and bustling area of New York City.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1951
    Total area 3,660 SF
    Lot 0.04 ac (1,830 SF)
    Zoning code C5-3
    APN 00088-0008
    UPID US63-0854684
    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
    Current use
    Occupant on record · Public records
    • Stage Door Pizzeria Restaurant
    • Stage Door Delicatessen Food Market Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.80M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.61M
    Owner & transaction history
    CASTEGA REALTY ASSOCIATES
    CASTEGA REALTY ASSOCIATES
    Zoning & alternative use
    C5-3 · New York, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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