Skylux Realty Inc
Listed by Skylux Realty Inc
$300,000
48 W 48th Street
Details
APN 1263-0061
Property Type Business for Sale, Retail
Sub Type Business Only, Restaurant
Business for Sale
Marketing 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.
Listing Contacts
Skylux Realty Inc
Listed by Skylux Realty Inc
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
C6-4.5 CommercialGeneral CommercialGeneral Central Commercial
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 265 uses
View all 265 uses Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?








