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246 E 23rd St 2,200 SF of Retail Space Available in New York, NY 10010
Highlights
- Former Taco Bell location with existing restaurant infrastructure.
- Located on East 23rd Street between Second and Third Avenues.
- Surrounded by established dining, service, and neighborhood retailers.
- Fully vented space with gas service and hood system in place.
- Benefits from steady pedestrian activity throughout the day.
- No key money requirement noted in marketing materials.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 2,200 SF | Negotiable | $140.22 CAD/SF/YR $11.68 CAD/SF/MO $308,476 CAD/YR $25,706 CAD/MO | Modified Gross |
Ground
• Turn-key restaurant opportunity previously “Taco Bell” • Fully vented with gas and hood • No key money • Steady 24/7 foot traffic along East 23rd Street • Dense residential, student, and professional population
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Basement
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 246 E 23rd St, New York, NY 10010
- Tenant
- Description
- US Locations
- Reach
- Ahamad Nagi
- -
- 1
- -
- Lanza's
- Public Administration
- 1
- -
- Taco Bell
- Fast-food
- 8,530
- International
- Yanni Drew
- -
- 1
- -
| Tenant | Description | US Locations | Reach |
| Ahamad Nagi | - | 1 | - |
| Lanza's | Public Administration | 1 | - |
| Taco Bell | Fast-food | 8,530 | International |
| Yanni Drew | - | 1 | - |
Property Facts
| Total Space Available | 2,200 SF | Gross Leasable Area | 4,192 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 2,200 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 4,192 SF |
| Year Built | 1900 |
About the Property
246 East 23rd Street is a retail and restaurant property located between Second and Third Avenues in the Gramercy neighborhood of Manhattan. Marketing materials indicate approximately 2,200 square feet plus a full basement, approximately 20 feet of frontage, and an existing restaurant buildout with venting, gas service, and hood infrastructure. The property was previously occupied by Taco Bell. Surrounding businesses include restaurants, fitness, retail, and service-oriented establishments along East 23rd Street.
- 24 Hour Access
- Signage
- Air Conditioning
Nearby Major Retailers
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246 E 23rd St
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