242 W 27th St

New York (Manhattan), NY 10001
  • $159,999

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing YAO01 - 159613

An incredible opportunity to own a designer-renovated, high-traffic cafe strategically located directly across from the Fashion Institute of Technology (FIT). This isn't just a coffee shop; it’s a neighborhood staple with a stellar 4.8-star Google rating (300+ reviews) and a deeply established customer base of students, faculty, and Chelsea locals. 8 Years Lease Remaining. The Space & Assets: No expense was spared in the creation of this contemporary space. The owner invested over $250,000 in custom renovations and $100,000+ in premium equipment, including the industry-leading Eversys Cameo (or similar) Super Automatic Espresso Machine. The aesthetic is sleek, modern, and perfectly aligned with the creative energy of the FIT campus. Revenue & Growth Drivers: Built-in Clientele: Massive daily foot traffic from thousands of FIT students and staff. Exclusive Vendor Status: Recognized FIT vendor with guaranteed participation in two major annual block parties. Event Hub: Currently hosts multiple recurring community events, providing immediate diversified income. Turnkey Operations: The infrastructure is perfectly optimized for a traditional high-volume cafe or a tech-forward concept.

Listing Highlights

Status Active
Days on Site 1
Property Type Commercial Sale
MLS ® 966059
Year Built 1927
Total Square Footage 0
Lot/Acreage 0.06

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Ductless
  • Heating: Steam
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Storage Space
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $153,801
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0776-0062
  • Tax Year: N/A

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242 W 27th St New York (Manhattan), NY 10001

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Originating MLS: onekey2

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