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242 E 79th Street

New York (Manhattan), NY 10075
  • $360,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 844882
UPDATED: 71 min ago
$360,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
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Description

Excellent Opportunity: Well-Known Chinese Restaurant for Sale - Upper East Side, Manhattan 242 E 72 street ,New York Seize the opportunity to own a thriving and well-known Chinese restaurant in one of Manhattan's most sought-after neighborhoods, the Upper East Side. Located on vibrant East 79th Street, with reliable foot traffic and long-term growth potential, this is an excellent investment opportunity for a restaurant owner or investor. Business Highlights: .Excellent Location: Located on a bustling block of East 79th Street, surrounded by high-end residential buildings, cultural landmarks, and popular attractions. High foot traffic and strong local demand ensure stable business. Operational: The restaurant is fully equipped and currently in operation, allowing for a seamless transition to a new buyer. Well-Known Brand with Loyal Customers: Known for its authentic Chinese cuisine and exceptional service, the restaurant has a well-earned reputation in the neighborhood, which results in a steady stream of repeat customers and word-of-mouth referrals. Secure Long-Term Lease: Six years of active lease remaining, renewable, providing stability and peace of mind for the next owner. This is a rare opportunity to own an existing restaurant in a prime Manhattan location. Whether you are an experienced restaurateur or an investor seeking an existing business, this opportunity ticks all the boxes.

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© 2025 OneKey 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 Alexander Madison Realty. Data last updated: 2025-04-18T18:18:23.873.
www.mylongislandpropertysearch.com/homes/162261518
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242 E 79th Street New York (Manhattan), NY 10075

  • Price: $360,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 71 min ago
  • MLS #: 844882
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
New York
County:
Manhattan
Area:
New York
Property Description
Excellent Opportunity: Well-Known Chinese Restaurant for Sale - Upper East Side, Manhattan 242 E 72 street ,New York Seize the opportunity to own a thriving and well-known Chinese restaurant in one of Manhattan's most sought-after neighborhoods, the Upper East Side. Located on vibrant East 79th Street, with reliable foot traffic and long-term growth potential, this is an excellent investment opportunity for a restaurant owner or investor. Business Highlights: .Excellent Location: Located on a bustling block of East 79th Street, surrounded by high-end residential buildings, cultural landmarks, and popular attractions. High foot traffic and strong local demand ensure stable business. Operational: The restaurant is fully equipped and currently in operation, allowing for a seamless transition to a new buyer. Well-Known Brand with Loyal Customers: Known for its authentic Chinese cuisine and exceptional service, the restaurant has a well-earned reputation in the neighborhood, which results in a steady stream of repeat customers and word-of-mouth referrals. Secure Long-Term Lease: Six years of active lease remaining, renewable, providing stability and peace of mind for the next owner. This is a rare opportunity to own an existing restaurant in a prime Manhattan location. Whether you are an experienced restaurateur or an investor seeking an existing business, this opportunity ticks all the boxes.
Property Features

Business Name Taste of Shanghai Restaurant INC Business Type Restaurant Gross Income 125000 Heating Natural Gas Net Operating Income 264000 Operating Expense 98600 Special Listing Conditions None

Listing courtesy of Bingqing Yan of E Realty International Corp: 718-886-8110
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey 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 Alexander Madison Realty. Data last updated: 2025-04-18T18:18:23.873.
 
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