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48 W 48th Street

New York (Manhattan), NY 10036
  • $300,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 1015704
$300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
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Area:

School Ratings & Info

Description

Rare opportunity to lease a fully built-out restaurant space in a highly desirable Midtown Manhattan location. Situated in a vibrant commercial district with strong pedestrian activity and convenient access to public transportation, this approximately 4,200 SF space is configured across two levels and offers flexibility for a variety of food and beverage concepts. The premises feature existing restaurant infrastructure, including gas service, and benefit from a favorable long-term lease with current rent of $22,700 per month and annual real estate taxes of approximately $12,000. The lease includes a 10-year term with an additional 5-year renewal option. Confidential opportunity; additional details available upon request.

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© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2026-08-11T00:18:38.877.
www.selectyournexthome.com/homes/178016198
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48 W 48th Street New York (Manhattan), NY 10036

  • Price: $300,000
  • Status: Active
  • On Site: 49 Days
  • MLS #: 1015704
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
New York
County:
Manhattan
Area:
New York
Property Description
Rare opportunity to lease a fully built-out restaurant space in a highly desirable Midtown Manhattan location. Situated in a vibrant commercial district with strong pedestrian activity and convenient access to public transportation, this approximately 4,200 SF space is configured across two levels and offers flexibility for a variety of food and beverage concepts. The premises feature existing restaurant infrastructure, including gas service, and benefit from a favorable long-term lease with current rent of $22,700 per month and annual real estate taxes of approximately $12,000. The lease includes a 10-year term with an additional 5-year renewal option. Confidential opportunity; additional details available upon request.
Property Features

Business Type Restaurant Special Listing Conditions None Tax Annual Amount 12000

Listing courtesy of Kai Zhao of Homix Realty Inc:
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2026-08-11T00:18:38.877.
 
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