21 W 35th St - Restaurant FOR SALE


New York, NY 10018- Empire State Building
$13,500,000 USD
646-843-1700
21 W 35th St, New York, NY for Sale
$13,500,000 USD
Restaurant - FOR SALE
1/4
null | Request Cap Rate

21 W 35th St
New York, NY 10018
Empire State Building


HIGHLIGHTS

  • New Renovated
  • Stunning Restaurant and Cocktail Lounge
  • Rooftop Views of the Empire State Building

OVERVIEW

Located at 21 W 35th Street, this newly renovated three-story retail building features a stunning restaurant and a rooftop cocktail lounge. The ground and second floors are leased to Yumi Yaki by Chubby Cattle, while the rooftop is leased to the owners of LouLou's NYC. Both spaces operate under NNN leases. The building underwent a complete gut renovation, including the addition of a fully equipped kitchen in the basement. The rooftop space boasts a retractable roof, making it ideal for warmer months. Ownership has invested approximately $8 million into transforming the property. Situated in a prime location with easy access to multiple subway lines—N, Q, R, W, 1, 2, 3, B, D, F, and M—the property is close to Herald Square, Koreatown, NoMad, and Penn Station. The area experiences high foot traffic and is surrounded by popular dining destinations, including several renowned spots from Hand Hospitality.

FOR SALE DETAILS

PRICE

$13,500,000 USD

PRICE/SF

$2,072 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

M1-6

APN/PARCEL ID

0837-0029

ASK ABOUT THIS PROPERTY

Elad DrorPD Properties, LLCMore Info
646-843-1700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Elad DrorPD Properties, LLCMore Info
646-843-1700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.