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MLS ID KEY1015704Last updated Jun 23, 2026

Business Opportunity

48 48th Street

Active · New York (Manhattan), NY 10036

Asking price$300,000Request a Showing
Est. monthly taxes
$1,000
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About this home

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.

Listing snapshot

Days on site
59 days
Listed on MLS
Jun 22, 2026
Annual property tax (MLS)
$12,000
Tax year
2026
Listing brokerage
Homix Realty Inc
MLS ID
KEY1015704
Last updated
Jun 23, 2026

General features

Property type
Business Opportunity

Recent activity

  1. First seen on this site
  2. Listing updated from MLS
  3. MLS status changed

Location

New York (Manhattan), NY 10036Show interactive map
48 48th Street

New York (Manhattan), NY 10036

Google Maps directions

Listing data is supplied by the MLS and may change without notice.