HS Listing ID-71389

Positioned in one of New York City’s most active hospitality corridors, this location benefits from constant foot traffic, a dense residential population, nightlife activity, and strong destination dining demand. The East Village remains one of NYC’s most desirable neighborhoods for restaurant, wine bar, cocktail bar, and hospitality concepts.

This is being offered as an asset sale, creating a flexible opportunity for a buyer to rebrand, reposition, or introduce a completely new hospitality concept while taking advantage of an already built-out restaurant space.

Key Highlights

Prime East Village location

Existing wine & beer license in place

Fully vented Type 1 kitchen

Can be converted into virtually any hospitality concept

Below-market Manhattan rent

Strong nightlife and dining corridor

Turnkey infrastructure significantly reducing startup costs

Lease & Occupancy

Monthly Rent: $7,755.03 (includes water)

Favorable occupancy cost for a Manhattan hospitality location

Existing infrastructure provides major savings versus building new

The rent structure is considered highly competitive for the East Village market, especially for a vented restaurant space with existing licenses and restaurant infrastructure.

Current Operations

The business is currently generating approximately:

$25,000/month in gross sales

The space is presently operating as a wine bar concept but offers significant flexibility for repositioning into:

Cocktail bar

Upscale wine concept

Italian restaurant

Café or espresso bar

Sushi / Asian concept

Tapas or small plates venue

Fast casual concept

Hybrid nightlife/lounge operation

Existing Infrastructure & Operational Advantages

Existing Type 1 vented kitchen

Existing bar buildout

Existing dining layout

Existing beer & wine licensing

Established utility and vendor setup

These factors substantially reduce the time, cost, and permitting hurdles associated with opening a new hospitality venue in Manhattan.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION