214 1St AveNew York, NY 10009

  • Retail residential properties
  • 16,760 SF

Property Details for 214 1St Ave

Year built
1910
Lot size
0.08 AC
Property size (Sq ft)
16,760 SF
Zone code
R7A
Property type
Retail residential properties
APN
00440-0008
APU
4400008

Description

This exceptional 700-square-foot restaurant space is ideally situated on 1st Avenue in the vibrant East Village submarket, boasting a prominent 20-foot frontage on a bustling street. The property is classified as a single-tenant retail space, perfect for a discerning restaurateur seeking a well-established location. Key features include existing gas venting, making it immediately suitable for various culinary concepts. Crucially, the space is explicitly noted as unsuitable for pizza operations. The address is 214 1st Avenue, conveniently located near East 13th Street, placing it within easy reach of a dense population and high foot traffic. This turnkey opportunity presents a rare chance to establish or relocate a restaurant in a highly desirable and sought-after neighborhood. The single-tenant occupancy ensures complete control and operational flexibility. The existing gas venting system represents a significant cost saving for prospective tenants, eliminating the need for costly installations. The property's prime location and desirable features make it an exceptional investment for a restaurant business seeking a thriving East Village presence. Interested parties are encouraged to inquire further to explore this exciting opportunity.

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7304
Longitude
-73.9829
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$361,373
$396,450
$2,494,070
$2,890,520
-
$881,000
$6,357,000
$7,238,000

FAQs

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