242 27th Street, New York, NY, 10001
$119,999
$159,999
activeLot Size
2,452 sqft
Year Built
1927
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
An incredible opportunity to own a designer-renovated, high-traffic cafe strategically located directly across from the Fashion Institute of Technology (FIT). This isn't just a coffee shop; it’s a neighborhood staple with a stellar 4.8-star Google rating (300+ reviews) and a deeply established customer base of students, faculty, and Chelsea locals. 8 Years Lease Remaining. The Space & Assets: No expense was spared in the creation of this contemporary space. The owner invested over $250,000 in custom renovations and $100,000+ in premium equipment, including the industry-leading Eversys Cameo (or similar) Super Automatic Espresso Machine. The aesthetic is sleek, modern, and perfectly aligned with the creative energy of the FIT campus. Revenue & Growth Drivers: Built-in Clientele: Massive daily foot traffic from thousands of FIT students and staff. Exclusive Vendor Status: Recognized FIT vendor with guaranteed participation in two major annual block parties. Event Hub: Currently hosts multiple recurring community events, providing immediate diversified income. Turnkey Operations: The infrastructure is perfectly optimized for a traditional high-volume cafe or a tech-forward concept.
Listed by Jianfeng Yao, Yaos Realty LLC
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