MLS#920422
STATUSActive
PROPERTY TYPECommercial -
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.
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Finished, See Remarks
Heating: Forced Air, Natural Gas
Lot Size: 0.29 Acres
Year Built: 1929
Feature Descriptions
Building Area Total: 3816
Business Type: Restaurant
Days on Site: 151
On Market Date: 2025-10-03
Parcel Number: 0778-0043
Rental Term: Monthly
Local Information
Listed By / Shown By
Listing By
Agency Name: Skylux Realty Inc
Agency Contact: 718-500-2231
Shown By
Agent Name: Richie Krug Jr.
Agent Phone: (516) 673-8775
Agency Title: Coldwell Banker American Homes
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3xx 7th Avenue | MLS# 920422
This commercial property located at 3xx 7th Avenue, New York, NY 10001 is currently listed for sale with an asking price of $1,380,000. Search New York real estate on www.richiekrugjr.com today.