How much does it cost to rent a restaurant space in NYC?
How much does it cost to rent a restaurant space in NYC?
Page Contents
- 1 How much does it cost to rent a restaurant space in NYC?
- 2 How much is rent for a restaurant in Manhattan?
- 3 How do I find a restaurant to lease?
- 4 How much does it cost to rent a store in Times Square?
- 5 How much is restaurant rent in Times Square?
- 6 How much is retail rent in Times Square?
- 7 Where to rent retail space in New York City?
- 8 How long is sublease for New York City restaurant?
- 9 Is there office space in New York City?
For real estate, the average restaurant rent in Manhattan and hot Brooklyn neighborhoods costs $120-per-square-foot, while LA’s priciest neighborhood averages out at $52-per-square-foot.
How much is rent for a restaurant in Manhattan?
Rent and Utilities NYC rent is notoriously high for even the smallest shoebox. Restaurateurs can expect to pay $120 per-square-foot in Manhattan and trendy Brooklyn.
How do I find a restaurant to lease?
Some of the most popular sites include:
- Digsy.com (their free network of licensed commercial real estate experts do all the searching for you to save you time finding restaurant space for lease)
- Loopnet.com (you can search for commercial space for lease yourself, for a fee)
- BizBuySell.com (businesses for sale)
How much is commercial space in NYC?
Manhattan retail rental rates vary from $100 per square foot all the way up to $1000. The higher end of that range is mainly reserved for ground floor space along the ”Gold Coast” located from 50th Street up to 62nd Street, and from Madison to Fifth Avenue. Rents in this highly desirable area reflect its prestige.
How much money do you need to open a cafe in NYC?
According to successful New York restaurateur David Chang, expect to pay anywhere from an average of $300,000 for a small, comfortable restaurant in the city and up to $10 million for a four-star establishment.
How much does it cost to rent a store in Times Square?
Times Square Retail Spaces For Rent
| Address | $ / SF | Monthly Rent |
|---|---|---|
| 9th Avenue & West 47th Street | $ 176 | $ 24,800 |
| W 45th Street & Avenue of the Americas | $ 132 | $ 22,000 |
| W 43rd Street & 5th Avenue | $ 39 | $ 7,400 |
| W 45th Street & 6th Avenue | $ 90 | $ 18,600 |
How much is restaurant rent in Times Square?
Restaurants in Times Square and Bryant Park also pay a premium to be near high foot traffic. Rental rates reach $400 per square foot, or four times the rate in other neighborhoods like the Lower East Side. It’s a big risk, and one that cash-rich operators like Starbucks can more likely take, Hitchcock says.
How much is retail rent in Times Square?
How much does it cost to rent office space in Manhattan?
According to research data, the average rent for a single square foot of traditional office space in NYC is between $75 and $84. That means you may only get about 811 square feet of space for $5,000 a month, which isn’t enough for many growing and successful companies.
How much money do you need to open a deli in NYC?
How much does it cost to open a New York NY Fresh Deli Franchise? The estimated investment required to open a New York NY Fresh Deli Franchise is between $86,000-$150,000. There is an initial franchise fee of $15,000 which grants you the license to run a business under the New York NY Fresh Deli name.
Where to rent retail space in New York City?
The higher end of that range is mainly reserved for ground floor space along the ”Gold Coast” located from 50th Street up to 62nd Street, and from Madison to Fifth Avenue. Rents in this highly desirable area reflect its prestige.
How long is sublease for New York City restaurant?
Sublease term through October 2024, will consider 1-3 year lease. Jun 15 18 minutes 1,500 sqft Sublease
Is there office space in New York City?
For over 17 years, Metro Manhattan Office Space has successfully negotiated many hundreds of leases for office space in New York City.
Where are the restaurants in New York City?
Restaurant 141 E 57th St – Floor Ground Midtown East, New York City, NY Ground floor: 1,300 sqft, Second floor: 1,200 sqft, Basement space; 800 sqft, and Lease rate negotiable Apr 23 53 days 3,300 sqft Restaurant 126 E 7th St – Space East Village, New York City, NY Turnkey.
The higher end of that range is mainly reserved for ground floor space along the ”Gold Coast” located from 50th Street up to 62nd Street, and from Madison to Fifth Avenue. Rents in this highly desirable area reflect its prestige.
Sublease term through October 2024, will consider 1-3 year lease. Jun 15 18 minutes 1,500 sqft Sublease
Where are the commercial spaces in New York City?
CYOF This is a CYOF on 4200 or a 50 50 co broke on 15 with the last month free. LOCATION 149 and Broadway SUBWAY 1 train at 145th ABCD at 145th This palatial apartment is a showstopper.
Restaurant 141 E 57th St – Floor Ground Midtown East, New York City, NY Ground floor: 1,300 sqft, Second floor: 1,200 sqft, Basement space; 800 sqft, and Lease rate negotiable Apr 23 53 days 3,300 sqft Restaurant 126 E 7th St – Space East Village, New York City, NY Turnkey.