Listed by EXIT Realty Professionals
$329,000
121 Madison Avenue
Details
Property Type Business for Sale, Retail
Sub Type Business Only, Restaurant
Square Footage 900
Units 1
Cap Rate 0.54%
NOI $177,300
Year Built 1938
Lot Size (SqFt) 10,588
Ceiling Height 8-10 Foot
Business for Sale | 0.54% CAP | 900 SqFt
Marketing description
Established Omakase restaurant in MID-TOWN Manhattan for sale. Gross yearly revenue $675,000, effordable monthly rent $7,100 only with 3% increase and 7 years lease remaining. The seller is paying portion of property tax of $8,000 yearly, this business nets $177K plus. The restaurant is still in very good condition and it located at the high traffic spot, A few minutes away from Empire State Building, can's miss the great opportunity to start your own business.
Listing Contacts
Listed by EXIT Realty Professionals
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$177,300.00
$14,775.00/mo
Valuation Metrics
0
DSCR
53.89%
Cap Rate
53.89%
ROI
Map
Zoning
C5-2 CommercialCore CommercialRestricted Central Commercial
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View all 265 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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