3XX 7th Avenue, New York, NY, 10001
$1,380,000
activeLot Size
12,561 sqft
Year Built
1929
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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.
Listed by Fei Guo, Skylux Realty Inc
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