914-262-2598
878 Scarsdale Ave, Scarsdale, NY for Rent

Retail - For Rent
1/5
4,880 SF | 1 Space

878 Scarsdale Ave
Scarsdale, NY 10583


HIGHLIGHTS

  • Prime Scarsdale Avenue location with strong foot traffic
  • Affluent demographics with high disposable income customer base
  • Large professional kitchen with 18 ft hood and premium equipment
  • Beautiful open-concept design with white oak floors and custom finishes
  • Full bar buildout with 10-seat curved zinc bar and beverage program
  • Long-term lease in place (~7.5 years remaining + 10-year option)

OVERVIEW

An exceptional and rare opportunity to acquire a recently renovated, Michelin-caliber restaurant in the heart of Scarsdale’s premier dining corridor. With over $1.8 million invested into a full-scale, high-end buildout completed in 2023, this turnkey space represents one of the most thoughtfully designed restaurant environments to come to market in years—particularly in a trade area where availability is extremely limited. Strategically positioned along Scarsdale Avenue, this location benefits from affluent, dense demographics and consistent foot traffic driven by a highly educated and high-income consumer base. The restaurant is surrounded by luxury residential neighborhoods, boutique retail, and commuter traffic from the nearby Metro-North station, making it a destination for both local patrons and regional diners. The space was meticulously built to accommodate an upscale dining concept, featuring seating for approximately 120 guests including a beautifully integrated outdoor patio and side seating area. The interior showcases an elegant open-concept layout with engineered white oak flooring, custom lighting, sound-dampening ceilings, and a striking curved zinc bar with 10 plush leather seats—creating a warm yet sophisticated atmosphere consistent with top-tier dining establishments. The kitchen infrastructure is equally impressive, designed for high-volume, professional execution with a massive 18-foot hood system, a newly installed 1 million BTU gas line, and an extensive lineup of premium commercial-grade equipment including a Rational combi oven, multiple cooking lines, refrigeration systems, and prep stations. The lower level features fully renovated walk-in refrigerator and freezer systems (2023), upgraded mechanicals, new drainage systems, grease traps, and code-compliant improvements throughout. Additional features include a fully integrated bar program with draft systems and underbar refrigeration, a 350+ bottle dual-zone wine storage system, high-end coffee equipment, Sonos audio systems throughout, and full alarm and surveillance infrastructure. The lease offers approximately 7.5 years of remaining term with a 10-year renewal option, providing long-term operational stability in one of Westchester County’s most desirable and supply-constrained restaurant markets. Scarsdale continues to rank among the most affluent communities in the New York metropolitan area, with average household incomes exceeding $250,000 within a 1-mile radius and a strong culture of dining and hospitality. Opportunities to secure a fully built, high-end restaurant in this market—especially one designed to Michelin-level standards—are extraordinarily rare. Exceptional Restaurant Opportunity – Scarsdale, NY Turnkey | Recently Renovated | Michelin-Caliber Buildout Overview Rare opportunity to acquire a fully built, high-end restaurant in the heart of Scarsdale Over $1.8M invested into a complete renovation (2023) Designed and operated as a Michelin-level dining concept Located in one of Westchester County’s most affluent and supply-constrained markets Restaurant opportunities in this submarket are extremely limited Location Highlights Prime positioning on Scarsdale Avenue Walking distance to Metro-North train station Surrounded by: Affluent residential neighborhoods Boutique retail and dining Strong daytime and evening population Highly educated, high-income demographic base Demographics (Approximate) Average Household Income (1-mile): $250,000+ Median Home Values: $1M+ Strong dining culture with demand for upscale concepts Dense commuter-driven foot traffic Dining & Layout Seating for ~120 guests Indoor dining Outdoor patio + side seating Open-concept layout High-end finishes throughout: Engineered white oak flooring (French bleed, tooled edge) Custom lighting Sound-dampening ceiling Signature curved zinc bar 10 plush leather bar seats Bar & Beverage Program Fully built-out bar infrastructure including: Dual speed stations with ice bins & rinser systems Draft beer system (36” cooler) Back bar refrigeration (Everest units) Glass freezer & glass rack systems 350+ bottle dual-zone wine refrigeration system High-end coffee program: Eversys Super Automatic Espresso Machine FETCO commercial brewer Kitchen (Main Level) Massive 18-foot hood system 1 Million BTU brand new gas line Premium equipment package including: Rational Combi Oven 8-burner Vulcan range (286,000 BTU) 6-burner + griddle + salamander Double floor fryers Multiple prep refrigeration systems (True, Turbo Air, etc.) Fully upgraded stainless steel finishes Multiple hand sinks + 3-compartment sink Lower Level / Infrastructure Fully renovated basement (2023): Walk-in refrigerator (new build + compressor) Walk-in freezer (new systems) New floor drainage system with grease trap & ejector pump FRP walls – brought fully up to code Staff locker area (18 lockers) Mechanical & Systems New heated makeup air unit 3 new grease traps Full alarm & video surveillance system Integrated WiFi system Sonos sound system: Indoor + outdoor zones Lease Terms Approx. 7.5 years remaining 10-year renewal option Long-term stability in a high-barrier-to-entry market Investment Highlights True turnkey opportunity – no additional capex required Built to institutional / Michelin-level standards Ideal for: Established operators Celebrity chefs Hospitality groups expanding into Westchester Replacement cost far exceeds asking pricing Located in a high-income, high-demand dining market

RENTAL DETAILS

SPACE AVAILABLE

4,880 SF

# OF SPACES

1

RENT RATE (MO)

Request Info for Rent

RENT RATE (YR)

Request Info for Rent

LEASE TYPE

TBD

LEASE LENGTH

Negotiable

AVAILABLE

-

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

4,880 SF

YEAR BUILT

2003

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,662.8 SF

ZONING

Retail

ASK ABOUT THIS PROPERTY

Bryan LanzaChristie's Commercial Real Estate GroupMore Info
914-262-2598

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Bryan LanzaChristie's Commercial Real Estate GroupMore Info
914-262-2598

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