Hot Listing
West Village Restaurant — Vented Gas Hood, 50 Seats ( Inside + Patio)
Share on Facebook 
Post to X 
Share on LinkedIn 
Share on Reddit Business Description
Below Market Rent- Proven Income Producing Space
Rare opportunity to acquire a fully built-out, full-service Italian restaurant and wine bar in the heart of Manhattan's West Village. Offered as a turnkey asset sale — the next operator can rebrand and open in weeks rather than the 9–12 months a ground-up West Village build typically requires.
The kitchen asset. Vented gas hood with commercial exhaust — genuinely scarce in the West Village, where new gas service and vented Type I hoods routinely take 9–12 months and significant capital to permit. Fully equipped: 8 burners, grill, stone, 2 ovens, walk-in, prep space, multiple lowboys, freezers, full bar setup, all smallwares.
Seating. 28 inside + 4 bar + 18 permitted sidewalk café = approximately 50 seats.
Location. Hudson Street corridor. Dense residential foot traffic, strong weekend draw, premium check averages.
The lease. Long-term ground-floor lease with basement at materially below-market rent for the corridor. Landlord will offer a new 10-year lease extension to a qualified tenant.
The kitchen asset. Vented gas hood with commercial exhaust — genuinely scarce in the West Village, where new gas service and vented Type I hoods routinely take 9–12 months and significant capital to permit. Fully equipped: 8 burners, grill, stone, 2 ovens, walk-in, prep space, multiple lowboys, freezers, full bar setup, all smallwares.
Seating. 28 inside + 4 bar + 18 permitted sidewalk café = approximately 50 seats.
Location. Hudson Street corridor. Dense residential foot traffic, strong weekend draw, premium check averages.
The lease. Long-term ground-floor lease with basement at materially below-market rent for the corridor. Landlord will offer a new 10-year lease extension to a qualified tenant.
About the Business
- Years in Operation
- 5
- Facilities & Assets
- Established West Village Italian restaurant and wine bar — ground floor plus basement, ~50 seats (28 dining + 4 bar + 18 sidewalk café). BELOW MARKET RENT
Fully equipped basement kitchen: 8-burner line, grill, stone, 2 ovens, prep tables, walk-in box, vertical and horizontal freezers. Refrigeration: bar lowboy, 2 kitchen lowboys, dedicated wine bizone for reserve bottles, wine-by-the-glass fridge. Cellar with dedicated A/C.
Dining room conveys complete: 12 tables, 14 chairs, 4 new bar stools, full glassware, silverware, plates, decanters. Outdoor café: 7 tables, 18 chairs, umbrellas, exterior cabinet, blackboard. Yamaha sound system, employee lockers, storage throughout.
HVAC, hoods, fire suppression remain landlord's improvements. Seller retains inventory, decorative bottles, brand elements. - Market Outlook / Competition
- West Village is one of Manhattan's most desirable and tightly-held dining submarkets. Median household income exceeds $300K. Historic district limits new restaurant supply, supporting premium pricing and year-round residential foot traffic.
Direct competitors include Carbone, Via Carota, I Sodi, L'Artusi, Don Angie, Buvette, and Minetta Tavern — all operating at or near capacity, with reservations booked weeks in advance.
Demand for full-service Italian in the neighborhood remains strong. Location benefits from proximity to Hudson River Park, the High Line, Whitney Museum, and major transit (1, A/C/E, B/D/F/M, PATH, L).
Opportunity for the new operator: capture share through stronger lunch and brunch utilization, expanded private events, and a full liquor upgrade unlocking cocktail reve - Opportunities for Growth
- Multiple unrealized levers available to the next operator:Multiple unrealized levers available to the next operator:
Lunch and brunch — currently underutilized; full-day operation could materially lift weekly revenue
Private events and buyouts — 50-seat capacity well-suited for dinners, rehearsals, corporate gatherings
Full liquor upgrade — premises and concept may support upgrade to full on-premises liquor (subject to SLA and Community Board approval), unlocking cocktail revenue
Expanded wine program — leverage existing cellar and curated list for retail, wine club, or pairing-led private dining
Catering and off-premise — established kitchen capacity supports neighborhood catering channel
Marketing and digital presence — modest current spend; targeted social and PR can drive reservation density
Existing infrastructure supports all of the above without further capital investment.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $16,500 per month
- Lease Expiration
- 1/31/2031
About the Sale
- Seller Motivation
- Seller has relocated out of state and is no longer able to operate the business
- Transition Support
- TBD
Listing Info
- ID
- 2509727
- Listing Views
- 364
Attached DocumentsAttachment Disclaimer
Listing ID: 2509727 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleNew York Businesses for SaleNew York Food & Beverage Businesses for SaleNew York Restaurants Businesses for Sale
Similar Listings
