Morgan Adzei Jr.

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Property Description

Great restaurant on Lexington Avenue.

One of the busiest area for Lunch and business outing.

This restaurant is approximatively 950SF, fully equipped and ready to be operated by a new owner.

 

Currently serving oriental food, the restaurant could be easily converted to a different market segment.

The wood interior and the setup offer plenty of possibilty.

 

The kitchen is fully equipped and vented. A basement is coming with the space but not use at this time.

There is no liquor licence but a new owner could easily get one.

 

Rent/month: $10,000

Key Money: $275,000

Current Monthly income: $65,000

Midtown Manhattan, or simply Midtown, is an area of Manhattan, New York City home to world-famous commercial zones such as Rockefeller Center, Broadway, and Times Square. Midtown is the largest central business district in the United States and is home to the city's tallest and most famous buildings such as the Empire State Building and Chrysler Building. As New York's largest central business district, Midtown Manhattan is indisputably the busiest single commercial district in the United States, and among the most intensely and diversely used pieces of real estate in the world. The "Plaza District", a term used by Manhattan real estate professionals to denote the most expensive area of midtown from a commercial real estate perspective, lies between 42nd Street and 59th Street, from Third Avenue to Seventh Avenue, about a square kilometer or half a square mile.