For Lease
$36/SF/YR

50 BroadwayNew York, NY 10002

10,000 SF Restaurant, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
99
This exceptional restaurant opportunity is located at 50 E Broadway, New York, NY 10002, situated in the vibrant Lower East Side, Dime Square, and Chinatown submarket, near Catherine Street. The property features a 10,000 square foot building on a single lot. The main level offers approximately 3,300 square feet of restaurant space, ideal for a variety of culinary concepts. A significant 1,700 square foot basement provides additional prep kitchen space and ample storage. Furthermore, there's an additional 1,400 square feet of commercial space available on the second floor. The property is equipped with gas and is vented for restaurant use. All bakery equipment, including three walk-in refrigerators located in the basement, is available for purchase. The property is currently listed at $9,800 per month plus a percentage of property taxes, with all terms negotiable. The building has no designated parking spaces. Property taxes are $1 per square foot. The property is serviced by electric and gas utilities. This is a single-tenant property. This thriving area presents a unique investment opportunity.

Highlights

  • Exceptional restaurant opportunity in NYC's Lower East Side, Dime Square, and Chinatown submarkets.
  • 10,000 square foot building on a single lot.
  • Main level features 3,300 square feet of restaurant space; 1,700 square foot basement with prep kitchen and storage; 1,400 square feet of additional second-floor commercial space.
  • Gas and vent-hood equipped; all bakery equipment (including three walk-in refrigerators) available for purchase.
  • $9,800/month rent + percentage of property taxes (negotiable); $1/sq ft property taxes; no parking.

Unit(s) available at that property

Space
Size
3,300 SF
Rate per SF
$36

Location Insight

City
New York
County
New York
State
New York
Latitude
40.71376309
Longitude
-73.99593087
50 Broadway, New York, New York

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50 Broadway
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