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$390,000
( $139.29Per Sq Foot )
 $2,094 est/mo Sourced by Back At You

578 9th Avenue,New York (Manhattan), NY 10036

New York (Manhattan), NY 10036

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Description

Exceptional restaurant business opportunity available in the heart of Midtown Manhattan. This fully built-out restaurant offers approximately 2,800 SF on the ground floor, plus an additional 1,500 SF of basement space providing valuable room for storage, prep, and back-of-house operations. The premises feature an existing liquor license, a full commercial kitchen, extensive restaurant infrastructure, and a functional layout designed to support high-volume operations. The business demonstrates strong sales performance and benefits from a long remaining lease term, providing stability and future operating potential for a new owner. Situated along the busy West 42nd Street corridor, the restaurant is surrounded by hotels, residential buildings, offices, theaters, entertainment destinations, and a steady mix of local residents, commuters, and visitors. This is a rare opportunity to take over a turnkey restaurant in one of Manhattan’s most active commercial and dining districts. With substantial existing infrastructure, a long-term lease, and a highly accessible location, the business is well suited for an experienced restaurateur looking to establish or expand a presence in Midtown Manhattan.

Details

MLS #1034284
Listing TypeFor Sale
Building NameChina Xiang
Sub-TypeResale
StatusActive
Year1988
Days On Site25
Listing Provided ByB Square Realty | Li Li

Features

SQ Feet2,800
BasementY
ZoningC6-4
Acreage0.07

Taxes

Tax Year2026
Tax Annual Amount0

Area Information

StateNY
CountyNew York (Manhattan)
CityNew York (Manhattan)
Zip Code10036
Listing VS Median (in 10036)
Price:
$390,000
low | high
Med:
$950,000
93.589743589744% of Average
sqft:
2,800
low | high
Med:
809
100% of Average
$ / sqft:
$139
low | high
Med:
$1,186
100% of Average
On site:
25
low | high
Med:
77.5
32.258064516129% of Average
Sourced by Back At You

Market Activity 10036

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Learn More About This Property

Dennis Barr

Dennis Barr

John J Lease REALTORS

 (845) 527-5125dennybarr@johnjleaserealtors.com
StateNY
CountyNew York (Manhattan)
CityNew York (Manhattan)
Zip Code10036
Listing VS Median (in 10036)
Price:
$390,000
low | high
Med:
$950,000
93.589743589744% of Average
sqft:
2,800
low | high
Med:
809
100% of Average
$ / sqft:
$139
low | high
Med:
$1,186
100% of Average
On site:
25
low | high
Med:
77.5
32.258064516129% of Average
Sourced by Back At You
Listing Updated: August 14, 2026 at 2:24:32 AM PDT

Dennis Barr - John J Lease Realtors