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$ 258,000
Est. payment /mo
New
1694 2nd AVE New York (manhattan), NY 10128
1,873 Sqft Lot
UPDATED:
Key Details
Property Type Other Types
Listing Status Active
Purchase Type For Sale
MLS Listing ID 994753
Rental Info No
Year Built 1918
Annual Tax Amount $96,357
Lot Size 1,873 Sqft
Acres 0.043
Source onekey2
Property Description
This sushi restaurant represents a remarkable opportunity for investors or restaurateurs in the bustling Manhattan area. Here's a breakdown of the key details and advantages:
Location Advantages
- **Prime Commercial Area**: Positioned on 2nd Avenue, adjacent to major subway lines (N, Q, R).
- **High Foot Traffic**: The restaurant is in a vibrant district with a mix of residential and commercial buildings, ensuring a steady flow of potential customers.
- **Affluent Demographic**: Surrounded by high-end apartments and office spaces, the area attracts a clientele with significant disposable income.
Restaurant Specifications
- **Size**: Approximately 2,900 sq ft, including a fully equipped basement.
- **Patio Space**: Offers an additional 425 sq ft rear patio, enhancing the dining experience.
- **Current Revenue**: Approximately $1,600,000 annually, indicating a solid cash flow.
Financial Details
- **Monthly Rent**: $19,000, which includes property taxes.
- **Lease Term**: About 7.5 years remaining, providing stability for the new owner.
Operational Highlights
- **No Renovations Needed**: The kitchen and sushi bar are fully operational and stylishly designed, making it ready for immediate business.
- **Social Media Presence**: The restaurant enjoys high visibility and engagement online, which can be leveraged for marketing.
- **Experienced Staff**: The current team is willing to stay on, facilitating a smooth transition and continuity of service.
Ideal Candidate
This opportunity is perfect for those looking to:
- Enter the competitive NYC dining market.
- Invest in a business with a reliable customer base and stable cash flow.
- Expand their existing restaurant portfolio.
This sushi restaurant not only offers a chance to step into a well-established business but also allows for immediate operational benefits in a prime location. If you're considering an investment or expansion in New York's dining scene, this opportunity deserves serious attention.
Location Advantages
- **Prime Commercial Area**: Positioned on 2nd Avenue, adjacent to major subway lines (N, Q, R).
- **High Foot Traffic**: The restaurant is in a vibrant district with a mix of residential and commercial buildings, ensuring a steady flow of potential customers.
- **Affluent Demographic**: Surrounded by high-end apartments and office spaces, the area attracts a clientele with significant disposable income.
Restaurant Specifications
- **Size**: Approximately 2,900 sq ft, including a fully equipped basement.
- **Patio Space**: Offers an additional 425 sq ft rear patio, enhancing the dining experience.
- **Current Revenue**: Approximately $1,600,000 annually, indicating a solid cash flow.
Financial Details
- **Monthly Rent**: $19,000, which includes property taxes.
- **Lease Term**: About 7.5 years remaining, providing stability for the new owner.
Operational Highlights
- **No Renovations Needed**: The kitchen and sushi bar are fully operational and stylishly designed, making it ready for immediate business.
- **Social Media Presence**: The restaurant enjoys high visibility and engagement online, which can be leveraged for marketing.
- **Experienced Staff**: The current team is willing to stay on, facilitating a smooth transition and continuity of service.
Ideal Candidate
This opportunity is perfect for those looking to:
- Enter the competitive NYC dining market.
- Invest in a business with a reliable customer base and stable cash flow.
- Expand their existing restaurant portfolio.
This sushi restaurant not only offers a chance to step into a well-established business but also allows for immediate operational benefits in a prime location. If you're considering an investment or expansion in New York's dining scene, this opportunity deserves serious attention.
Location
State NY
County New York (manhattan)
Interior
Fireplace No
Others
Special Listing Condition None
Listed by E Realty International Corp • Yanan Eill
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