280 Park Ave, Unit 290 New York, NY 10017-1274
Property profile & analytics
280 Park Ave, Unit 290, New York, NY 10017-1274
- Office buildings
- 386,166 SF
- 0.57 lot acres
Property ID
US63-2847136
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.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 280 Park Ave
- Year built
- 1962
- Lot size
- 0.57 lot acres
- Zone code
- C5-3
- Property type
- Office buildings
- APN
- 01284-0033
- APU
- 12840033
Description
This exceptional turnkey restaurant opportunity is located in the highly desirable Gramercy Park neighborhood of New York City, within the Flatiron submarket cluster. The property, situated at 280 Park Avenue South, zip code 10010, boasts a substantial 14,000 square feet of space, ideal for a variety of culinary and entertainment ventures. Currently configured as a single-tenant restaurant, the space is ready for immediate occupancy, eliminating the need for extensive renovations. Key features include high ceilings, contributing to a spacious and impressive atmosphere, and a fully vented kitchen, equipped to handle high-volume food preparation. The property's prime location in Gramercy Park ensures high visibility and foot traffic, attracting a diverse clientele. The monthly rent is $233,000. This is a rare chance to acquire a well-established, fully operational restaurant in one of Manhattan's most sought-after neighborhoods. The property's historic character adds to its unique appeal, offering a blend of classic charm and modern functionality. This turnkey operation presents a significant opportunity for an experienced restaurateur or investor seeking a profitable venture in a vibrant and dynamic location. The property is classified as a Restaurant and Special Purpose property.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $246,665,000 Current use
- WAREHOUSE, STORAGE
- $315,565,000 Change: +28% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $279,820,000 Change: +13% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $208,950,000 Change: -15% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9751
- Latitude
- 40.7564
- 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
$10,384,441
$2,149,200
$95,891,220
$98,040,420
-
$4,776,000
$230,221,000
$234,997,000
