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- LoopNet Team
12 W 18th St
New York, NY 10011
Property For Lease
·
45,657 SF
Highlights
- Turnkey
- Easily can vent out
- Gas in place
About the Property
*** LEASE ASSIGNMENT W ALMOST 13 YEARS TO GO | RENT @ ONLY $9K | KEY MONEY $400k *** Prime Manhattan (Flatiron) New York City Location | Extremely Low Rent...~50% Less vs Other Spaces on the Market Rare opportunity to get a turnkey gut renovated restaurant space. Renovation (less than 2 years ago) cost was almost $800k with everything in mint condition. LOW RENT: $9,000 per month only!!! Extremely low rent vs comps in the area..almost 60% lower plus lock in for many years. The savings in monthly rent translate to more revenues in your pocket. FLEXIBILITY: Easily can convert to have 2 separate kitchens to allow for multiple businesses in the same space. With gas & liquor license in place, this space can be use for other cuisines such as Korean BBQ, High End Fusion, New American, bakery cafe, upscale bar and such. HUGE SPACE: Almost 1,800 sq ft plus large basement storage. LOCATION: Prime Flatiron surrounded by luxury condos, high end rentals, offices and strong food restaurant businesses (Ootoya & Kyma) on the block.
Property Facts
| Property Type | Multifamily | Building Size | 45,657 SF |
| Property Subtype | Apartment | Year Built/Renovated | 1985/2021 |
| Apartment Style | Mid-Rise |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Size | 45,657 SF |
| Year Built/Renovated | 1985/2021 |
