(Undisclosed Address), New York

$350,000

0 Beds
0 Baths
3,700 Sqft
0 Acres
0 Garages

Decent & high volume, NYC Mid-Town East, Restaurant. Great location on very busy Street. Excellent mix of revenues with eat-in and delivery. 97 Seats, including bar. Full basement with kitchen facilities. 8 years remaining on lease. Recent decor and equipment renovations provides a new owner with an attractive and dependable operation. Rent include yearly R/E taxes. Owners have done extensive renovations.


Min. Deposit: $66,000


Annual sale: $1,567,000
Annual epx: $1,300,000
Net Profit: >$250,000

Monthly rent: $25,000
(which is included partial property tax of the building. negotiable with owner)
Insurance annually: $7000
Lease terms: have 8 years left (to 2027)

The restaurant has 95 seats.
Full time employees: 14
1 party room: can houses 30 ppl
1 open bar: have liquor license
Basement: with kitchen and storage



Galata New York City

EUROPEAN & MEDITERRANEAN CUISINE

Galata Restaurant serves a modern selection of most popular and most loved dishes of Turkish and Mediterranean cuisine as well as the mouth watering desserts. serve not only healthy but also nutritious food for you and your family.

All servings are prepared and cooked by well-experienced and passionate chefs in our kitchen here at Galata.
Including the well designed private dining room for 30-40 people for special occasions, such as baby showers, anniversaries and birthday parties, and serve up to 100 people with friendly and attentive staff.

Essential Information
MLS® #434950
Price$350,000
Bathrooms0.00
Square Footage3,700
Year Built1920
TypeCommercial
Sub-TypeBusiness Only
StatusActive
Community Information
AddressN/A
AreaMurray Hill
CityNew York
CountyNew York (Manhattan)
StateNew York
Zip Code10016
Interior
Has BasementYes
BasementFinished, Full
# of Stories5
Interior Features

Fire Sprinkler, Heated, Kitchen, Other, Restrooms - Public, Restrooms - Staff

Exterior
Exterior FeaturesOther
RoofAsphalt/Tar, Shingle, Slate
ConstructionBrick
FoundationBlock, Slab Concrete
Additional Information
Date ListedNovember 23rd, 2019
Days on Market12
ZoningC1-9A
Property History
Price Reduced from $550,000 to $350,000

Listing courtesy of Bove Real Estate

© 2020 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Casandra Properties Inc. Data last updated: May 26th, 2020 at 2:00pm EDT

Listing courtesy of Bove Real Estate

© 2020 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Casandra Properties Inc. Data last updated: May 26th, 2020 at 2:00pm EDT

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