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39 E 19th St 2,200 SF Retail Condo Unit Offered at $5,095,108 CAD in New York, NY 10003
INVESTMENT HIGHLIGHTS
- Fully Built Restaurant Coop for Sale
- Prime Location in Flatiron District
EXECUTIVE SUMMARY
Prime location where Flatiron meets Union Square. Tons of restaurants and retail in the area and right next door to Craft Restaurant.
PROPERTY FACTS
| Total Building Size | 15,150 SF | Floors | 8 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 1,666 SF |
| Property Subtype | Apartment | Year Built | 1900 |
| Building Class | C | Lot Size | 0.05 AC |
| Zoning | M1-5M | ||
| Total Building Size | 15,150 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 8 |
| Typical Floor Size | 1,666 SF |
| Year Built | 1900 |
| Lot Size | 0.05 AC |
| Zoning | M1-5M |
AMENITIES
SITE AMENITIES
- 24 Hour Access
1 UNIT AVAILABLE
Unit Ground
| Unit Size | 2,200 SF | Condo Use | Retail |
| Price | $5,095,108 CAD | Sale Type | Investment or Owner User |
| Price Per SF | $2,315.96 CAD |
| Unit Size | 2,200 SF |
| Price | $5,095,108 CAD |
| Price Per SF | $2,315.96 CAD |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
DESCRIPTION
Owner considering offers for both Sale and Lease. Located on an amazing block for restaurants, this coop is currently a fully built and functioning restaurant with approximately 2,200 gross square feet on the ground floor and 2,250 gross square feet in the basement, (as listed in the Coop offering plan). Currently a lease in place through the end of 2025 so ready for possession as of January 2026. Over $2m in assessments in the last 3 years have been paid in full for major capital improvements in the building reducing the likelihood of assessment costs in the near future and provides robust capital reserve fund for future projects.
SALE NOTES
Perfect situation for an end user restaurant to buy their own property to occupy. Owner has strong preference to Sell the Coop unit but will consider offers to Lease. This coop is currently a fully built and functioning restaurant with approximately 2,200 gross square feet on the ground floor and 2,250 gross square feet in the basement, (as listed in the Coop offering plan) and available for possession in January 2026. Current tenant is operating as Bocca Restaurant and has a full liquor license in place, venting, gas and full 2nd generation restaurant infrastructure. About $3m in assessments in the last 3 years have been paid in full for major capital improvements in the building with large reserve fund remaining which reduces the likelihood of assessment costs in the future
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UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 7 | - | - |
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39 E 19th St
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