3XX 7th Avenue, New York (Manhattan), NY 10001

$1,380,000

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List Price
$1,380,000
Days on Market
300
MLS#
920422
Status
ACTIVE
Lot Size
12561

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.

Additional Information

Year Built
1929
Heating
Forced Air, Natural Gas
Basement
Finished, See Remarks

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Listing courtesy of Listing Agent: Fei Guo (fei@skyluxny.com) from Listing Office: Skylux Realty Inc.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.