Share This Listing

Message

922 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Sublease Highlights

  • Exceptional Restaurant Offering in One of Rockland’s Top Dining Markets
  • Established Restaurant Opportunity in Thriving Main Street Corridor
  • Plug-and-Play Restaurant with Proven Layout & Infrastructure
  • Fully Built-Out Restaurant with Liquor License & Parking

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 2,000 SF
  • Negotiable
  • $53.27 CAD/SF/YR $4.44 CAD/SF/MO $106,548 CAD/YR $8,879 CAD/MO
  • Modified Gross
Space Use
Retail
Build-Out
Full Build-Out
Availability
60 Days

Mille Luci, located at 170 North Main Street in New City, New York, presents a rare opportunity to acquire a fully built-out, turnkey restaurant in the heart of one of Rockland County’s most established and evolving retail corridors. This approximately 2,000 square foot space blends old-world Italian heritage with a modern, upscale dining atmosphere, creating a warm, vibrant setting that includes a full dining room, bar area, and a spacious commercial kitchen equipped with a 12-foot hood system. The existing layout and infrastructure allow for immediate operation or seamless repositioning into a new concept, with a full liquor license already in place to support both food and beverage revenue streams. The offering is priced at $549,999, with a lease of $6,517.98 per month on a triple net basis, inclusive of 3% annual increases, and a favorable term of five years with a five-year renewal option. The property is further enhanced by ample on-site parking, a key differentiator in suburban restaurant markets, along with full accessibility for patrons. Strategically positioned along North Main Street, the property benefits from strong visibility and consistent traffic within New City’s primary commercial corridor, which is actively transitioning toward a more walkable, mixed-use environment supported by municipal revitalization efforts. The surrounding demographics are particularly compelling for restaurant operators, with a median home value approaching $780,000 and per capita income exceeding $62,000, reflecting a highly affluent and stable consumer base with strong discretionary spending habits. The local dining scene is well-established, featuring a diverse mix of Italian, American, and casual upscale concepts, yet there remains a consistent demand for quality dining experiences, especially those that combine atmosphere, food, and beverage offerings. Importantly, opportunities to acquire second-generation restaurant spaces with existing infrastructure, liquor licenses, and parking are extremely limited in this market, creating a significant barrier to entry that enhances the value of this offering. From an investment perspective, Mille Luci stands out as a low-friction entry into a high-performing suburban dining market. The relatively moderate rent, estimated at approximately $78,000 annually, provides a favorable occupancy cost ratio relative to projected restaurant revenues, allowing for strong potential margins under experienced operation. In addition, ongoing and proposed multifamily developments within the Main Street corridor are expected to increase local population density and further drive foot traffic, directly benefiting nearby retail and restaurant operators. While the current concept focuses on Italian cuisine, the existing kitchen infrastructure and layout are flexible enough to support a wide range of uses, including upscale casual dining, steakhouse, seafood, Mediterranean, or modern American concepts. Coupled with an existing customer base, established brand presence, and the continued growth of the surrounding area, Mille Luci represents a compelling opportunity for restaurateurs and investors seeking a well-located, fully equipped asset in an affluent and expanding market.

  • Sublease space available from current tenant
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • High End Trophy Space
  • Turnkey 2,000 SF Restaurant – Fully built-out
  • Full Liquor License Included
  • Large Commercial Kitchen
Space Size Term Rental Rate Rent Type
1st Floor 2,000 SF Negotiable $53.27 CAD/SF/YR $4.44 CAD/SF/MO $106,548 CAD/YR $8,879 CAD/MO Modified Gross

1st Floor

Size
2,000 SF
Term
Negotiable
Rental Rate
$53.27 CAD/SF/YR $4.44 CAD/SF/MO $106,548 CAD/YR $8,879 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Build-Out
Full Build-Out
Availability
60 Days

Mille Luci, located at 170 North Main Street in New City, New York, presents a rare opportunity to acquire a fully built-out, turnkey restaurant in the heart of one of Rockland County’s most established and evolving retail corridors. This approximately 2,000 square foot space blends old-world Italian heritage with a modern, upscale dining atmosphere, creating a warm, vibrant setting that includes a full dining room, bar area, and a spacious commercial kitchen equipped with a 12-foot hood system. The existing layout and infrastructure allow for immediate operation or seamless repositioning into a new concept, with a full liquor license already in place to support both food and beverage revenue streams. The offering is priced at $549,999, with a lease of $6,517.98 per month on a triple net basis, inclusive of 3% annual increases, and a favorable term of five years with a five-year renewal option. The property is further enhanced by ample on-site parking, a key differentiator in suburban restaurant markets, along with full accessibility for patrons. Strategically positioned along North Main Street, the property benefits from strong visibility and consistent traffic within New City’s primary commercial corridor, which is actively transitioning toward a more walkable, mixed-use environment supported by municipal revitalization efforts. The surrounding demographics are particularly compelling for restaurant operators, with a median home value approaching $780,000 and per capita income exceeding $62,000, reflecting a highly affluent and stable consumer base with strong discretionary spending habits. The local dining scene is well-established, featuring a diverse mix of Italian, American, and casual upscale concepts, yet there remains a consistent demand for quality dining experiences, especially those that combine atmosphere, food, and beverage offerings. Importantly, opportunities to acquire second-generation restaurant spaces with existing infrastructure, liquor licenses, and parking are extremely limited in this market, creating a significant barrier to entry that enhances the value of this offering. From an investment perspective, Mille Luci stands out as a low-friction entry into a high-performing suburban dining market. The relatively moderate rent, estimated at approximately $78,000 annually, provides a favorable occupancy cost ratio relative to projected restaurant revenues, allowing for strong potential margins under experienced operation. In addition, ongoing and proposed multifamily developments within the Main Street corridor are expected to increase local population density and further drive foot traffic, directly benefiting nearby retail and restaurant operators. While the current concept focuses on Italian cuisine, the existing kitchen infrastructure and layout are flexible enough to support a wide range of uses, including upscale casual dining, steakhouse, seafood, Mediterranean, or modern American concepts. Coupled with an existing customer base, established brand presence, and the continued growth of the surrounding area, Mille Luci represents a compelling opportunity for restaurateurs and investors seeking a well-located, fully equipped asset in an affluent and expanding market.

  • Sublease space available from current tenant
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • High End Trophy Space
  • Turnkey 2,000 SF Restaurant – Fully built-out
  • Full Liquor License Included
  • Large Commercial Kitchen

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at Restaurant with Liquor License & Parking

  • Tenant
  • Description
  • US Locations
  • Reach
  • Body & Brain
  • Fitness
  • 67
  • National
  • Challah Fairy
  • Manufacturing
  • 1
  • -
  • Citi
  • Bank
  • 1,595
  • International
  • Coldwell Banker Residential Brokerage
  • Real Estate
  • 10,592
  • International
  • New Image Cleaners
  • Services
  • 1
  • -
  • Vanderbilt Hardware & Paint Center
  • Retailer
  • 1
  • Local
Tenant Description US Locations Reach
Body & Brain Fitness 67 National
Challah Fairy Manufacturing 1 -
Citi Bank 1,595 International
Coldwell Banker Residential Brokerage Real Estate 10,592 International
New Image Cleaners Services 1 -
Vanderbilt Hardware & Paint Center Retailer 1 Local

Property Facts

Total Space Available 2,000 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 40,000 SF
Year Built 2006
Parking Ratio 2/1,000 SF

About the Property

Mille Luci, located at 170 North Main Street in New City, New York, presents a rare opportunity to acquire a fully built-out, turnkey restaurant in the heart of one of Rockland County’s most established and evolving retail corridors. This approximately 2,000 square foot space blends old-world Italian heritage with a modern, upscale dining atmosphere, creating a warm, vibrant setting that includes a full dining room, bar area, and a spacious commercial kitchen equipped with a 12-foot hood system. The existing layout and infrastructure allow for immediate operation or seamless repositioning into a new concept, with a full liquor license already in place to support both food and beverage revenue streams. The offering is priced at $549,999, with a lease of $6,517.98 per month on a triple net basis, inclusive of 3% annual increases, and a favorable term of five years with a five-year renewal option. The property is further enhanced by ample on-site parking, a key differentiator in suburban restaurant markets, along with full accessibility for patrons. Strategically positioned along North Main Street, the property benefits from strong visibility and consistent traffic within New City’s primary commercial corridor, which is actively transitioning toward a more walkable, mixed-use environment supported by municipal revitalization efforts. The surrounding demographics are particularly compelling for restaurant operators, with a median home value approaching $780,000 and per capita income exceeding $62,000, reflecting a highly affluent and stable consumer base with strong discretionary spending habits. The local dining scene is well-established, featuring a diverse mix of Italian, American, and casual upscale concepts, yet there remains a consistent demand for quality dining experiences, especially those that combine atmosphere, food, and beverage offerings. Importantly, opportunities to acquire second-generation restaurant spaces with existing infrastructure, liquor licenses, and parking are extremely limited in this market, creating a significant barrier to entry that enhances the value of this offering. From an investment perspective, Mille Luci stands out as a low-friction entry into a high-performing suburban dining market. The relatively moderate rent, estimated at approximately $78,000 annually, provides a favorable occupancy cost ratio relative to projected restaurant revenues, allowing for strong potential margins under experienced operation. In addition, ongoing and proposed multifamily developments within the Main Street corridor are expected to increase local population density and further drive foot traffic, directly benefiting nearby retail and restaurant operators. While the current concept focuses on Italian cuisine, the existing kitchen infrastructure and layout are flexible enough to support a wide range of uses, including upscale casual dining, steakhouse, seafood, Mediterranean, or modern American concepts. Coupled with an existing customer base, established brand presence, and the continued growth of the surrounding area, Mille Luci represents a compelling opportunity for restaurateurs and investors seeking a well-located, fully equipped asset in an affluent and expanding market.

Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Crunch Fitness
UFC Gym
Stop & Shop
Shoprite
Webster Bank
Bubbakoo's Burritos
Chase Bank
R&R of Rockland dba Philly Pretzel Factory
KeyBank
Starbucks
  • Listing ID: 40301699

  • Date on Market: 2026-04-27

  • Last Updated:

  • Address: 170 N Main St, New City, NY 10956

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}