467 Columbus Ave, Manhattan, NY 10024

$350,000
Active for Sale
 
Listing ID 11676602
Property Type Commercial Business
Commercial Type Restaurant
County New York
Township New York
Total Tax $3,000
FEMA Flood Map fema.gov/portal
   
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Authentic Shanghai Restaurant for Sale - Upper West Side, Manhattan Rare opportunity to acquire an established authentic Shanghai restaurant in the Upper West Side. Founded in 2019, the business has developed a strong presence in the neighborhood and is known for its comforting, traditional Shanghai cuisine. Strategically located in a high foot traffic area, the restaurant benefits from strong visibility and limited nearby competition, with the closest comparable competitor approximately 10 blocks away. Business Overview • Annual gross revenue: $2.5 million • Approximately 1,975 sq ft ground-floor restaurant space • Additional 1,900 sq ft basement storage area • Fully operational with established systems and procedures in place • Open 7 days per week • Revenue streams include lunch service, catering, and delivery • Fully equipped kitchen This is a turnkey acquisition opportunity for restaurateurs, owner-operators, or investors seeking a well-established dining business in a prime Manhattan location.
Property Details
  • 1975 SF (AG)
  • 1900 SF (BG)
  • 3875 SF (Total)
  • Full Basement
  • Lower Level: Finished
Unit Information

No unit information was entered.

Interior Features
  • Central A/C
Commercial Info
  • Lease Length: 5 Yrs Remaining
  • NNN Lease Term
  • Lease Sq Ft: 1975
  • Annual Increase: 3%
  • Monthly Lease Price: 27000
  • Monthly Price Sq Ft: 0.00
  • Annual Price Sq Ft: 0.00
  • Tri Dim West Restaurant and Bar (Business Name)
Income/Expenses
  • Gross Income $2,500,000
  • Net Income $79,000
  • Maintainence Exp $1,300
  • Insurance Exp $2,400
  • Electric Exp $2,000
  • Water Exp $3,300
  • Misc Exp $1,200
  • Total Exp $129,000
Taxes and Fees
  • $3,000 Total Tax
Listed By
UNITED NATIONAL REALTY GROUP INC
Office: 718-979-8000
Mobile: 347-601-8587
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