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Investment Highlights

  • Expansive rooftop dining area accommodating up to 250 guests, complete with kitchen, two bars, and restrooms.
  • Located in Fleetwood, near the Metro-North station, ensuring excellent transit accessibility.
  • Quick access to Cross County Parkway and Bronx River Parkway for regional connectivity.
  • Includes an additional parcel of approximately 8,376 square feet for added flexibility.
  • Positioned on a corner lot along Gramatan Avenue with strong visibility.
  • Existing build-out as a full-service restaurant reduces upfront renovation costs.

Executive Summary

Positioned in the sought-after Fleetwood neighborhood of Mount Vernon, 571-585 Gramatan Avenue presents a rare opportunity to acquire a fully built-out restaurant with a distinctive rooftop dining experience. The property encompasses two combined lots, including an adjoining parcel of approximately 8,376 square feet, enhancing redevelopment or expansion potential. Featuring an expansive rooftop dining area capable of accommodating up to 250 guests, the space includes two bars, a kitchen, and dedicated restrooms for seamless operations. The first floor of the property is a built-out restaurant with two additional bars. Located on Gramatan Avenue, the property sits two blocks from the Fleetwood Metro-North train station and provides convenient access to major roadways such as Cross County Parkway and Bronx River Parkway. This offering is ideal for investors or experienced operators seeking an established hospitality location with supplemental land for parking or future improvements.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
13,920 SF
Building Class
C
Year Built
1949
Percent Leased
13%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.78
Lot Size
0.18 AC
Zoning
NB-B2 - The Zoning is NB (Neighborhood Business) which cuts into R-1 (Residential Single Family).
Frontage
125’ on Gramatan Ave

Amenities

  • Corner Lot
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Roof Terrace
  • Storage Space
  • Air Conditioning
  • Balcony

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 10,440 SF
  • Restaurant
  • In-Line
  • Now

Fabulous restaurant space available featuring and 6900 square feet of rooftop dining space.

  • 583
  • 860 SF
  • Retail
  • In-Line
  • Now
  • 585
  • 860 SF
  • Retail
  • End Cap
  • Now
Space Size Space Use Position Available
1st Floor 10,440 SF Restaurant In-Line Now
583 860 SF Retail In-Line Now
585 860 SF Retail End Cap Now

1st Floor

Size
10,440 SF
Space Use
Restaurant
Position
In-Line
Available
Now

583

Size
860 SF
Space Use
Retail
Position
In-Line
Available
Now

585

Size
860 SF
Space Use
Retail
Position
End Cap
Available
Now

1st Floor

Size 10,440 SF
Space Use Restaurant
Position In-Line
Available Now

Fabulous restaurant space available featuring and 6900 square feet of rooftop dining space.

Exceptionally walkable
90/100
Moderately drivable
60/100
Strong public transit
80/100
Fairly bikeable
50/100

Nearby Major Retailers

Chase Bank
Capital One
Bank of America
CrossFit Gotham
Starbucks
Tgi Friday's
HSBC
Foodtown
Pure Barre
TrustCo Bank

Property Taxes

Property Taxes

Parcel Number
0800-165-022-01014-000-0012
Land Assessment
$17,000
Improvements Assessment
$36,800
Total Assessment
$53,800
  • Listing ID: 40547312

  • Date on Market: 5/15/2026

  • Last Updated:

  • Address: 571-585 Gramatan Ave, Mount Vernon, NY 10552

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