3XX 7th AVE new Save Request In-Person Tour Request Virtual Tour
New York (manhattan),NY 10001
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 920422
Rental Info No
Year Built 1929
Lot Size 0.288 Acres
Acres 0.2884
Property Sub-Type Business
Source onekey2
Property Description
Location! Location! Location! Business for Sale: A renowned, uniquely designed 5-star restaurant in the heart of Chelsea, Manhattan on 7th Avenue. Fully renovated just 2 years ago with stunning modern interiors, this property offers 3,816 sq.ft. on the 1st and 2nd floors, plus a 1,781 sq.ft. basement with elevator access, walk-in cooler/freezer, and full equipment. Features include front window service, a full commercial kitchen, bar area, and a beautifully designed dining space with 98 seats. The restaurant comes with a 20-year lease (18 years remaining) at rent and property tax far below market value, offering an ROI in just 1 year and 7 months. Prime visibility with wide glass frontage near Penn Station and multiple subway lines makes this an exceptional investment opportunity.
Location
State NY
County New York (manhattan)
Rooms
Basement Finished,See Remarks
Interior
Heating Forced Air,Natural Gas
Fireplace No
Others
Special Listing Condition None