Property profile

459 2Nd Ave New York, NY 10010

OFF-MARKET
Restaurants
Property ID
US63-1509074
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Property summary

AI-generated overview

This exceptional restaurant opportunity is located at a prime corner on 2nd Avenue and East 26th Street in New York City, zip code 10010. The 1,750 square foot space boasts high visibility and benefits from heavy foot traffic. A key advantage is the enclosed outdoor seating area, allowing for year-round dining and maximizing capacity. The property is a single-tenant space, currently configured as a fully operational restaurant. The kitchen is fully built-out and equipped with gas and venting, ensuring efficient and compliant operations. A complete bar is already in place, along with three bathrooms for customer convenience. Ample storage is available via a walk-in box and additional lower-level storage. The property is offered as a turnkey operation, ready for immediate occupancy. A significant benefit is the existing on-premise liquor license, active until the end of February 2025, providing a seamless transition for a new operator. This is a rare opportunity to acquire a well-established restaurant space in a highly desirable New York City location. The property is situated in New York County.

Property profile

Verified
Property type Restaurants
UPID US63-1509074

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

Location

459 2Nd Ave New York, NY 10010
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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