1694 2Nd Avenue, New York, NY

Name: 1694 2Nd Avenue, For Sale in New York - eXp Realty
Brand: E Realty International Corp
SKU: 994753
Price: 258000 USD

House

For Sale

Listed price in listed location currency (USD).

$258,000

000

MLS® 994753

Key Facts
Description
Map

Key Facts

Type

Levels Business Opportunity

Size -

Garage

Taxes $96,358

Days Active 0

Lot Size

Approx. Age 1918

MLS® Number 994753

Property Address: 1694 2nd Avenue, New York, NY, 10128

Average square foot calculated using Size range provided by listing agent.

Description

This sushi restaurant represents a remarkable opportunity for investors or restaurateurs in the bustling Manhattan area. Here's a breakdown of the key details and advantages: Location Advantages - **Prime Commercial Area**: Positioned on 2nd Avenue, adjacent to major subway lines (N, Q, R). - **High Foot Traffic**: The restaurant is in a vibrant district with a mix of residential and commercial buildings, ensuring a steady flow of potential customers. - **Affluent Demographic**: Surrounded by high-end apartments and office spaces, the area attracts a clientele with significant disposable income. Restaurant Specifications - **Size**: Approximately 2, 900 sq ft, including a fully equipped basement. - **Patio Space**: Offers an additional 425 sq ft rear patio, enhancing the dining experience. - **Current Revenue**: Approximately $1, 600, 000 annually, indicating a solid cash flow. Financial Details - **Monthly Rent**: $19, 000, which includes property taxes. - **Lease Term**: About 7.5 years remaining, providing stability for the new owner. Operational Highlights - **No Renovations Needed**: The kitchen and sushi bar are fully operational and stylishly designed, making it ready for immediate business. - **Social Media Presence**: The restaurant enjoys high visibility and engagement online, which can be leveraged for marketing. - **Experienced Staff**: The current team is willing to stay on, facilitating a smooth transition and continuity of service. Ideal Candidate This opportunity is perfect for those looking to: - Enter the competitive NYC dining market. - Invest in a business with a reliable customer base and stable cash flow. - Expand their existing restaurant portfolio. This sushi restaurant not only offers a chance to step into a well-established business but also allows for immediate operational benefits in a prime location. If you're considering an investment or expansion in New York's dining scene, this opportunity deserves serious attention.

MLS® Number994753

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1918

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 4, 2026List Date

$258,000List Price

Commute

Commute

Starting Address

Destination Address

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