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
