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 building was recently upgraded with the new boiler, new air conditioning system and heating system throughout. New electrical lines and separate meters have been installed. New Gas line. 2nd floor kitchen was added to the restaurant. 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. 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)
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$10,300,000 / $1,501 per ft²

Last Asking: Dec 24, 2019

6 Beds / 9.0 Baths / 6,859 ft²

Total Monthly expenses: -

Maintenance: - / R.E. Taxes $7,119

Exclusively listed with: Compass

Elena Ravich

(646) 593-7207

Listing Courtesy of Compass

Unit listing history

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