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85 Second Ave
3,900 SF of Retail Space Available in New York, NY 10003
Highlights
- Heavy foot traffic
- Fantastic location
- Corner retail restaurant with tons of exposure
- Steps away from NYU and Cooper Union
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| Ground | 3,900 SF | Negotiable | £63.12 /SF/PA £5.26 /SF/MO £679.42 /m²/PA £56.62 /m²/MO £246,168 /PA £20,514 /MO | Modified Gross |
Ground
Prime Corner Retail Turnkey Restaurant Space at 85 2nd Avenue Discover the ideal opportunity to lease a fully vented triplex retail space, perfectly positioned at the corner of 2nd Avenue. This versatile property offers exceptional exposure with over 60 feet of frontage, ensuring prominent visibility in a bustling neighborhood filled with tourist, locals and NYU students. Key Features: Location: Situated on the corner of 2nd Avenue, offering high foot traffic and excellent visibility. Space: Triplex layout, fully vented and ready for restaurant use (prior use was a high end pizza shop). Flexibility: Subdivision permissible Turnkey Condition: Move-in ready for immediate setup Whether you're expanding an existing restaurant concept or launching a new venture, this turnkey space offers the infrastructure and visibility necessary for success in New York City's dynamic market. Don't miss out on this rare opportunity to establish your presence in one of Manhattan's most sought-after locations.
- Listed rate may not include certain utilities, building services and property expenses
- Space is in Excellent Condition
- Central Air and Heating
- Kitchen
- Private Restrooms
- Security System
- Closed Circuit Television Monitoring (CCTV)
- Corner Space
- Secure Storage
- Basement
- Ventilation - Venting
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 85 Second Ave , New York, NY 10003
| Property Type | Retail | Gross Internal Area | 5,307 SF |
| Property Subtype | Restaurant | Year Built/Renovated | 1900/1996 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal Area | 5,307 SF |
| Year Built/Renovated | 1900/1996 |
About the Property
Prime Corner Retail Turnkey Restaurant Space at 85 2nd Avenue Discover the ideal opportunity to lease a fully vented duplex retail space, perfectly positioned at the corner of 2nd Avenue. This versatile property offers exceptional exposure with over 60 feet of frontage, ensuring prominent visibility in a bustling neighborhood filled with tourist, locals and NYU/Cooper Union students. 2nd floor is available as well. Key Features: Location: Situated on the corner of 2nd Avenue, offering high foot traffic and excellent visibility. Space: Triplex layout, fully vented and ready for restaurant use (prior use was a high end pizza shop). Flexibility: Subdivision permissible Liquor License: Existing 2am liquor license transferrable to new tenants Turnkey Condition: Move-in ready for immediate setup Whether you're expanding an existing restaurant concept or launching a new venture, this turnkey space offers the infrastructure and visibility necessary for success in New York City's dynamic market. Don't miss out on this rare opportunity to establish your presence in one of Manhattan's most sought-after locations.
- Bus Route
- Public Transport
Nearby Major Retailers
![[solidcore]](https://images.loopnet.co.uk/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
-
Dan White -
REMID Group
Presented by
85 Second Ave
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