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Property profile & analytics
OFF-MARKET Estimated value $3,605,000
Retail residential properties

818 10th Ave New York, NY 10019-7705

12,330 SF 0.08 ac lot Built 1910
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US63-1497392
Property summary
AI-generated overview

This exceptional restaurant opportunity is located on bustling Tenth Avenue in New York City, zip code 10019. The property boasts a total area of 1,250 square feet, encompassing a main floor space and a substantial 800-square-foot basement. The basement features a walk-in refrigerator, a dedicated prep area, an office, and an employee bathroom, providing ample storage and operational space. The main floor is designed for optimal customer experience, with glass French doors that fully open to the street, creating a welcoming and inviting atmosphere. A significant advantage is the presence of a fully installed and vented hood system, ready for immediate restaurant operation. Furthermore, the property includes a sizable outdoor garden area, perfect for expanding seating capacity and enhancing the dining experience. This high-traffic location on Tenth Avenue ensures excellent visibility and accessibility for customers. The single-tenant occupancy provides flexibility and control for the new owner. This turnkey restaurant space is ready for immediate use and presents a unique opportunity for a thriving culinary business in a prime New York City location.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1910
Total area 12,330 SF
Lot 0.08 ac (3,333 SF)
Zoning code C6-2
APN 01064-0004
UPID US63-1497392
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mi Nidito Mexican bar & Grill Restaurant
  • Mamasita Bar & Grill Restaurant
  • Sall Restaurant & Lounge Restaurant
  • Dyna's Handyman Services Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.61M
Owner & transaction history
818 10th LLC · 9 yrs held
818 10th LLC
since 2017
7 recorded transactions
2017
Price N/A
2017
$11.5M
2013
$8.4M
2012
$3.9M
2012
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C6-2 · New York, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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