244 W 48th St, New York, NY

Retail for Sale - $11,000,000 - 6,857 Sq. Ft. on 0.04 acres


Agent Info

Stella Tenzin

Property Info

CIMLS#1065152
Location
  244 W 48th St
  New York NY 10036
UpdatedJanuary 7th, 2020
TypeRetail
Price$11,000,000
Building6,857 Sq. Ft.
Land0.04 acres

Contact


Property Description

This 5-story plus full basement Mixed-Use Building is

strategically located at the prime Times Square/Theater

District retail area with high foot traffic. Building Features

2-floors + basement of a popular restaurant, operated

by the owner and 6 apartments above. First time in 40

years available for sale, it will be delivered absolutely

vacant with no key money for the existing restaurant

business. Apartments are currently owner-occupied

and are free market.

The restaurant occupies 2 full floors and a basement. It

has a bar, 2 kitchens, plus a large basement with a

kitchen, walk-in refrigerator, large freezer, 2 new boilers.

and lots of storage space. The restaurant is fully equipped

and decorated. It is currently operating as a popular

Thai restaurant, which has been in business at this

location for 40 years.

Total size is 6,858.6 SF (not including the basement!)


Financials

Please setup an appointment to further discuss.



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