50 Broadway, New York, NY 10004-1607
This exceptional restaurant opportunity is located at 50 E Broadway, New York, NY 10002, situated in the vibrant Lower East Side, Dime Square, and Chinatown submarket, near Catherine Street. The property features a 10,000 square foot building on a single lot. The main level offers approximately 3,300 square feet of restaurant space, ideal for a variety of culinary concepts. A significant 1,700 square foot basement provides additional prep kitchen space and ample storage. Furthermore, there's an additional 1,400 square feet of commercial space available on the second floor. The property is equipped with gas and is vented for restaurant use. All bakery equipment, including three walk-in refrigerators located in the basement, is available for purchase. The property is currently listed at $9,800 per month plus a percentage of property taxes, with all terms negotiable. The building has no designated parking spaces. Property taxes are $1 per square foot. The property is serviced by electric and gas utilities. This is a single-tenant property. This thriving area presents a unique investment opportunity.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C5-5 · New York, NYNew York. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.