$ 258,000
-
$258,000
Price -
0
Bed -
0
Bath -
0
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing ERLT01 - 204573,172016
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.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $96,358
- Taxes w/Assessments: N/A
- Tax/Property ID: 1550-0051
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1694 2nd Ave New York (Manhattan), NY 10128
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
