Property profile

26 Vesey St New York, NY 10007

OFF-MARKET
Investment properties
Property ID
US63-0854684
3,660 SF 0.04 ac lot Built 1951
Entity Owned 25-yr Hold Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • Restaurant
  • Food Market Restaurant

Location

26 Vesey St New York, NY 10007-2906
New York metro Census 2100 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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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

Zoning & alternative use

C5-3 · New York, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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