Positioned in the heart of a vibrant East Village corridor, 174 First Avenue offers a rare opportunity to acquire a fully built-out restaurant space with exceptional visibility and strong neighborhood synergy. This property features approximately 1,700 square feet of thoughtfully designed interiors complemented by a storage and prep basement, ensuring operational efficiency for any culinary concept. The installation is just one year old, presenting a turnkey solution for investors or operators seeking minimal upfront renovation costs.
The space boasts 15 feet of prime frontage and seating for up to 70 guests, creating an inviting atmosphere for high-volume dining. Fully vented with gas, the property supports diverse menu offerings and advanced kitchen capabilities. Surrounding the site is a dynamic mix of iconic eateries and trendy establishments, including Momofuku Noodle Bar, Veniero’s, and Sauce Pizzeria, reinforcing the area’s reputation as a culinary destination. With a long-term lease in place until April 2039, this asset combines stability with growth potential in one of Manhattan’s most sought-after neighborhoods.