For Lease
$140/SF/YR

185 Orchard StNew York, NY 10002

LES Restaurant, Turnkey Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional turnkey restaurant opportunity is located at 185 Orchard Street, in the vibrant Lower East Side of New York City. The 3,000 square foot space boasts a highly visible 60-foot street frontage on Orchard Street, offering excellent exposure to the high pedestrian traffic of this bustling neighborhood. The property includes a full basement and approximately 700 square feet of mezzanine space, providing ample room for operations and storage. The 20-foot ceiling height adds to the spacious feel. The space is currently occupied by Claw Daddy's, with possession arranged. This prime location is surrounded by a thriving mix of businesses, including well-known establishments like Russ & Daughters and Katz's Delicatessen, ensuring a constant flow of potential customers. The area is densely populated, with over 183,000 residents within a half-mile radius and more than 200 restaurants and cafes within walking distance. The building itself is a 20-story structure built in 2005, featuring elevators and a total of 111,051 square feet. The property sits on an 8,074 square foot lot. Convenient access to four subway lines (F, M, J, Z) further enhances its appeal. The property also benefits from its proximity to the Hotel Indigo (296 rooms), providing a built-in customer base. This fully equipped restaurant comes complete with a full kitchen and a full liquor license, making it an ideal opportunity for immediate operation. The building has a FAR of 13.44. The cross streets are East Houston Street and Stanton Street, placing the property in the heart of the Lower East Side's dynamic culinary scene.

Highlights

  • Turnkey restaurant opportunity in the Lower East Side.
  • 3,000 square foot space with 60-foot street frontage on Orchard Street.
  • Includes full basement and 700 square feet of mezzanine.
  • Fully equipped with a full kitchen and liquor license.

Property Details for 185 Orchard St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
111,051 SF
Year Built
2005
Stories
20

Unit(s) available at that property

Space
Size
3,001 SF
Rate per SF
$140

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7219949
Longitude
-73.9883827
185 Orchard St, New York, New York

FAQs

What type of property is this?
Retail property - LES Restaurant, Turnkey Opportunity
Where is the retail property located?
The property is located at 185 Orchard St New York, NY.
What is the lease rate?
The lease rate is $140/SF/YR.
What are key features of this property?
This property features: Turnkey restaurant opportunity in the Lower East Side.; 3,000 square foot space with 60-foot street frontage on Orchard Street.; Includes full basement and 700 square feet of mezzanine.
How can I contact the broker?
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185 Orchard St
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