16 West 48th Street

For Sale$10,000,000

16 West 48th Street, New York, NY 10036

  • Restaurant

16 West 48th Street, New York, NY 10036 - Restaurant Space

16 West 48th Street is located at 16 West 48th Street in the Central Midtown neighborhood, NY, New York, 10036. The Restaurant building features a total of 7,158 Sqft.

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Details

  • Sale Price $10,000,000
  • City New York
  • Neighborhood Central Midtown
  • Zip Code 10036
  • Property Type Restaurant
  • Property Size 7,158 Sqft
  • Date Updated 06 Jul, 2020

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Description

BOND New York is pleased to present the exclusive sale of a 7,158 square foot retail condo with 17’8 ceilings overlooking Rockefeller Plaza, offering visibility in one of the most heavily trafficked retail and tourist corridors in the world. The unit – which is just over 200 feet from Upper Fifth Avenue – is at the base of a new luxury condo building on a block undergoing substantial redevelopment and is located between two high profile projects by DNA and Extell. The location offers prime exposure to Rockefeller Center’s 350,000 daily visitors that peaks at 700,000 per day during the holiday season, and Upper Fifth Avenue’s year-round retail traffic.

The two-level condo features an extra-wide staircase and private elevator and is both an ideal retail flagship opportunity or perfect for restaurant use with its fully built-out and vented kitchens. Access to the B, D, F, M, N, R and W trains and close to Grand Central, Times Square, Bryant Park, Central Park and the United Nations.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 16 West 48th Street?

16 West 48th Street totals 7,158 square feet.

Central Midtown Demographics

The average household income in zip code 10036 is $130,731, from a total of 16,183 households. In terms of employment, there are 94.64 % white-collar and 5.36 % blue-collar jobs in zip code 10036.

Population

  • Total Population26,455
  • Male Population(48.3 %) 12,767
  • Female Population(51.7 %) 13,688
  • Median Age39.00

Income/Financial

  • Average Household Income$169,228
  • Median Household Income$117,418
  • Median Income Under 25$64,719
  • Median Income 25-44$150,004
  • Median Income 45-64$119,137
  • Median Income Over 65$57,264

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Jacob Fine

BOND New York Properties

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