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    340 W 46Th St New York, NY 10036
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    Property profile & analytics

    340 W 46Th St New York, NY 10036


    • Retail residential properties
    • 3,864 SF
    • 0.05 lot acres
    Restaurant in Theater District For Lease
    $1,520,000

    Restaurant in Theater District

    Fully operational restaurant in the heart of Restaurant Row.

    340 W 46th St, New York, NY 10036
    View Listing
    Property ID
    US63-0958889
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wine Stories NY / Specialty Food Shop / Wine and Liquor Store
    • Carlyle Construction Corporation / Property Management Company / General Contractor
    • New York City Children’s Theater / Theater & Performing Art Venue
    • Carlyle Property Management Group / Property Management Company
    • Le Rivage / Restaurant

    Property Details for 340 W 46Th St

    Year built
    1920
    Lot size
    0.05 lot acres
    Property size
    3,864 SF
    Zone code
    R8
    Property type
    Retail residential properties
    APN
    01036-0049
    APU
    10360049

    Description

    This exceptional turnkey restaurant opportunity, Le Rivage, is located in the heart of New York City's Theatre District, specifically on Restaurant Row between Seventh and Eighth Avenues. The 3,864 square foot space boasts a fully operational, highly profitable business with a dedicated clientele and staff, established since 1984. The restaurant features traditional Country French cuisine and comes fully furnished, including a full liquor license, ensuring immediate possession. High volume sales are a key feature of this established business. The property is situated at 340 W 46th St, New York, NY 10036, offering unparalleled access to a vibrant and high-traffic area. Nearby establishments include renowned restaurants and theaters, such as the Richard Rodgers Theatre and the Majestic Theater, ensuring consistent foot traffic and a strong customer base. Convenient public transportation is readily available via the E, C, 1, 2, 3, N, R, and W subway lines, as well as several bus routes (M50, M11, M20, M27, M104). This is a rare chance to acquire a well-established, profitable restaurant in a prime location. The sale includes all existing furniture, fixtures, and equipment. This is a truly remarkable opportunity for a discerning buyer seeking a successful, established restaurant business in a highly desirable area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,055,000
      6.5%
      $1,895,000
      7%
      $1,760,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9896
    Latitude
    40.7602
    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
    $73,812
    $157,500
    $438,300
    $595,800
    -
    $350,000
    $962,000
    $1,312,000
    View Listing
    More about this property
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