|
Ll Floor Ste Restaurant
|
Retail
|
1,400 SF
|
Rate Upon Request
|
|
Part of the ground Floor
-
Date available: 30 Days
-
Lease term: Negotiable
-
Service type: Modified Gross
-
Built out as: Restaurants And Cafes
-
Space Type: Sublet
|
|
Grnd Floor Ste Restaurant
|
Retail
|
3,600 SF
|
$82.40 USD/SF/YR
|
|
Ground Floor: Approx. 3600 RSF
Lower Level: Approx. 1200 RSF
Total Square Footage: Approx. 5000 RSF
Frontage: 50 Feet
Possession: Arranged
Lease Term: Thru 8/31/2031 (Possible Extension Through Option)
Current Rent: $24,720 (Market Value $35,000-$37,000)
Seating Capacity: 149 inside + 22 Sidewalk Cafe
Asking Key Money: Upon Request
About the Space:
Recently Gut Renovated
Brand New Floors
New HVAC System
3 Bathrooms (1 ADA)
Full Liquor License till 12am
Private Party Room
Privee Area + VIP Table
Fully Equipped Kitchen in mint condition
22 Feet hood
3 Walk-in Boxes
Comments:
This prime Midtown East restaurant offers outstanding value and visibility. Recently renovated, it spans 5,000 RSF across two levels with a prominent 50-foot frontage. The spacious layout accommodates 149 indoor seats plus a 22-seat sidewalk cafe. Fully equipped with a modern HVAC system, ADA-compliant bathrooms, a 22-foot hood, and a full liquor license until midnight, the space is ready for immediate operation.
With rent well below market at $24,720/month (market rate: $35,000-$37,000), and a 7+5 year lease term, this opportunity combines location, value, and turnkey appeal in a high-demand area.
About the Neighborhood:
High Foot Traffic: With landmarks like the UN Headquarters, Grand Central Terminal, and the Chrysler Building, Midtown East draws a constant flow of visitors and commuters, providing a steady customer base for restaurants and cafes.
Corporate Clientele: Numerous corporate offices and headquarters drive demand for quality dining options for business meetings, client lunches, and after-work gatherings, ensuring a consistent weekday clientele.
Luxury Hotels: Midtown East's luxury hotels cater to business and leisure travelers, often partnering with local F&B venues for catering and events, expanding business opportunities.
Diverse Demographics: The blend of tourists, office workers, and residents creates a varied customer base, allowing F&B businesses to offer diverse cuisines and concepts to appeal to broad tastes.
Accessibility: With multiple subway lines and proximity to Grand Central, Midtown East is highly accessible, encouraging more diners to visit the area.
-
Date available: 30 Days
-
Lease term: Negotiable
-
Service type: Modified Gross
-
Built out as: Restaurants And Cafes
-
Space Type: Sublet
|
Bledar Asllani
KADEN