244 W 48th St, New York, NY
Retail for Sale - $9,500,000 - 6,857 Sq. Ft. on 0.04 acres
Property Info
CIMLS# | 1065152 |
Location 244 W 48th St New York NY 10036 | |
Updated | October 5th, 2020 |
Type | Retail |
Price | $9,500,000 |
Building | 6,857 Sq. Ft. |
Land | 0.04 acres |
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.