Fully functioning restaurant near the Central Park, New York, USA

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Fully functioning restaurant near the Central Park, New York, USA

$17,575,000
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  • Yield
    4.3 %
Details
Property parameters
  • 8-floor building
Financial performance
  • Annual income: $729,101
Tenants
  • Fully let

A restaurant with renovated kitchen installation on the ground floor.

Description

The restaurant has two entrances. The length of the street facade is 25 feet (7.6 m) on one side, and 30 feet (9.1 m) on the other.

There is a Liquor License.

Financial performance

The cost of the property is 17,575,000 $.

The absolute annual income is 759,240 $.

The current yield of 4,3%.

Location

The property is located in the prestigious area of ​​Midtown near the Central Park.

The building has an excellent location: within walking distance to Metro Line 8, Central Park, Time Warner Building, Broadway, the theater district, 5th Avenue, shops and much more.

Midtown — is the busiest business- and tourist district of New York, there are a lot of modern high-rise buildings, the restaurants, the district is famous for Broadway theaters, numerous large stores, Grand Central Station and St. Patrick's Cathedral.

Travel time to:

  • John F. Kennedy Airport — 35 minutes by taxi (without traffic jams)
  • La Guardia airport — 25 minutes by taxi (without traffic jams)
  • Times Square — 10 minutes by subway
  • Wall Street/ Financial District — 25 minutes by taxi (without traffic jams)

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other restaurants for sale in the USA.

You can see more restaurants for sale in New York City elsewhere on our website.

Statistics in New York City

Price per m², $
13,889
Healthcare efficiency level
65
Index 65 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
56
Index 56 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, $
Apartment in the city centre, m² 13,888.68
Apartment in a bedroom community, m² 6,049.52
Transport Price, $
Public transport, 1 ride 2.65
Monthly travel card 116.6
Taxi, 1 km 1.64
Petrol, 1 l 0.77
Food Price, $
Water, 1.5 l 2.22
Milk, 1 l 1.09
White bread, 500 g 3.76
Eggs, a dozen 3.44
Chicken fillet, 1 kg 12.63
Education Price, $
Kindergarten, per month 2,293.22
International school, per year 36,749.04
Health care index
Staff competence 73.99
Medical equipment 88.27
Research accuracy and completeness 73.48
Attitude towards patients 68.69
Security index
Crime rate 46.42
The risk of being robbed 43.5
The risk of car theft 43.99
The risk of break-in and property damage 50.34

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

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