Midtown 2nd Gen Vented Restaurant — Sale in New York, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: New York, NY 10022

Description

Vented Restaurant for Lease Ground Floor: 2,500 SF Lower Level: 1,350 SF Frontage: 35 Feet Ceiling Height: 10 Feet Availability: Immediate Term: Negotiable

Market Context

This retail in New York, NY is listed for sale. It has been on the market for 195 days. Compare it against other retail listings for sale in New York, NY — view the full market.

As of Q1 2026, the New York City Area retail market showed a 4.2% vacancy rate, average asking rents near $54.00/SF/yr, and cap rates around 6.2%.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in New York City Area?
About 6.2% as of Q1 2026.
Is the New York City Area retail market tightening or softening?
Vacancy is around 4.2% (Q1 2026).

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