48 W 48th Street , New York, NY 10036

$300,000

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New to the Market

MLS#1015704

STATUSActive PROPERTY TYPECommercial - Business

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Property Description

Rare opportunity to lease a fully built-out restaurant space in a highly desirable Midtown Manhattan location. Situated in a vibrant commercial district with strong pedestrian activity and convenient access to public transportation, this approximately 4,200 SF space is configured across two levels and offers flexibility for a variety of food and beverage concepts. The premises feature existing restaurant infrastructure, including gas service, and benefit from a favorable long-term lease with current rent of $22,700 per month and annual real estate taxes of approximately $12,000. The lease includes a 10-year term with an additional 5-year renewal option. Confidential opportunity; additional details available upon request.

48 W 48th Street | MLS# 1015704

This commercial property located at 48 W 48th Street , New York, NY 10036 is currently listed for sale with an asking price of $300,000. Search New York real estate on www.laffey.com today.

Property Features

Property Type: Commercial - Business

Taxes: $12,000

Feature Descriptions

Business Type: Restaurant

On Market Date: 2026-06-22

Parcel Number: 1263-0061

Rental Term: Monthly

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48 W 48th Street , New York, NY 10036

Property Description

48 W 48th Street | MLS# 1015704

Property Features

Feature Descriptions

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48 W 48th Street , New York, NY 10036

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