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242 W 27th Street, New York, NY 10001

$119,999

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BEDS0 BATHS MLS#966059

STATUSActive PROPERTY TYPECommercial -

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Property Description

An incredible opportunity to own a designer-renovated, high-traffic cafe strategically located directly across from the Fashion Institute of Technology (FIT). This isn't just a coffee shop; it's a neighborhood staple with a stellar 4.8-star Google rating (300+ reviews) and a deeply established customer base of students, faculty, and Chelsea locals. 8 Years Lease Remaining. The Space & Assets:No expense was spared in the creation of this contemporary space. The owner invested over $250,000 in custom renovations and $100,000+ in premium equipment, including the industry-leading Eversys Cameo (or similar) Super Automatic Espresso Machine. The aesthetic is sleek, modern, and perfectly aligned with the creative energy of the FIT campus.Revenue & Growth Drivers:Built-in Clientele: Massive daily foot traffic from thousands of FIT students and staff.Exclusive Vendor Status: Recognized FIT vendor with guaranteed participation in two major annual block parties.Event Hub: Currently hosts multiple recurring community events, providing immediate diversified income.Turnkey Operations: The infrastructure is perfectly optimized for a traditional high-volume cafe or a tech-forward concept.

242 W 27th Street | MLS# 966059

This commercial property located at 242 W 27th Street, New York, NY 10001 is currently listed for sale with an asking price of $119,999. Search New York real estate on www.laffey.com today.

Property Features

Property Type: Commercial -

Basement: Storage Space

Cooling: Ductless

Heating: Steam

Lot Size: 0.06 Acres

Taxes: $153,800

Year Built: 1927

Feature Descriptions

Building Area Total: 14952

Business Type: Food & Beverage

Days on Site: 46

Exterior: Brick

On Market Date: 2026-03-01

Parcel Number: 0776-0062

Property Attached Y/N: 1

Rental Term: Monthly

Seller Concession: Yes

Sewer: Public Sewer

Utilities: Cable Connected, Electricity Connected, Water Connected

Water: Public

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55 Northern Blvd
Greenvale, NY 11548

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242 W 27th Street, New York, NY 10001

Property Description

242 W 27th Street | MLS# 966059

Property Features

Feature Descriptions

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242 W 27th Street, New York, NY 10001

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