High Grossing, TURNKEY Midtown Manhattan Bar/Restaurant - Distressed Sale
Available
This $2.7 million dollar grossing midtown Manhattan GEM is perfect for a conversion and a new owner. Capitalize on this bar and restaurant’s multi-million dollar buildout in this busy and high grossing location between Times Square and Penn Station. Prior to COVID, this location would historically gross over $4 million annually. This is a great opportunity for a new owner to leverage this existing concept or take it is a new direction in one of Manhattan’s busiest corridors. This 2nd generation spot is an inexpensive and affordable pathway for a new owner.
Property Details
- Listing Price
- $475,000
- Type
- Full Service
- Concept
- Bar/Pub
- Sales
- $2.69
- Square Footage
- 3,000
- Square Footage (Additional Notes)
- plus 1,200 sq ft basement
- Parking
- Off-Site
- Base Rent
- $31,390
- Lease Terms
- 2 years remaining
- Includes Real Estate
- No
- Liquor License
- No
- Licenses
- Full Liquor License - 4AM
- Hours
- 12pm – Open Late




