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54 W 31st St 2,193 - 9,101 SF of Retail Space Available in New York, NY 10001
HIGHLIGHTS
- Previously famous Irish Pub
- Madison Square Garden 1.5 Blocks Away
- Penn Station - 1.5 Blocks
- Rooftop Space / Bar - (Both Outdoor and Indoor Spacing)
- Koreatown - 1 Block
- Adjacent 22 Floor Newly Developed Building
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| Basement, Ste Entire Building | 2,522 SF | 9’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | |
| 1st Floor, Ste Entire Building | 2,193 SF | 9’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | |
| 2nd Floor, Ste Entire Building | 2,193 SF | 9’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | |
| 3rd Floor, Ste Entire Building | 2,193 SF | 9’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
Basement, Ste Entire Building
Formerly a NYC popular staple O'Reilly's Irish Pub which has been in business since 1973, and another pub before that dating back to the Prohibition. This location is unique to being in between Penn Staton / Madison Sq Garden and Koreatown. A busy area of Manhattan that changes constantly but always been familiar to patrons local and afar. The building has been developed back to 1 unit lot fusing 54 and 56 w 31st together offering 3 floors plus cellar, which includes a rare and attractive roof top bar to be utilized. The rooftop is unique that is split into outdoor and accessible interior spacing. The full building interior has been demolished and is ready to welcome a tenant that can easily renovate the space to make full use of every floor and rooftop to their needs. The area is surrounded by MSG sports and concert goers, tourists, and Penn Station commuters. Next door, a newly developed high rise has finalized and the area livelier than ever. New Yorkers are ready for another establishment on W 31st St between 6th and Broadway, as highly missed O'Reilly's has always been a go to. This building includes a kitchen exhaust in place for any restaurant tenant. Additionally, a sprinkler system, domestic water, electrical, and gas lines with ample capacity. There are existing ducts and fans in place, plus a mechanical space on the roof.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Partially Demolished Space
- Can be combined with additional space(s) for up to 9,101 SF of adjacent space
- Finished Ceilings: 9’
- Space comes with spacious rooftop bar.
1st Floor, Ste Entire Building
Formerly a NYC popular staple O'Reilly's Irish Pub which has been in business since 1973, and another pub before that dating back to the Prohibition. This location is unique to being in between Penn Staton / Madison Sq Garden and Koreatown. A busy area of Manhattan that changes constantly but always been familiar to patrons local and afar. The building has been developed back to 1 unit lot fusing 54 and 56 w 31st together offering 3 floors plus cellar, which includes a rare and attractive roof top bar to be utilized. The rooftop is unique that is split into outdoor and accessible interior spacing. The full building interior has been demolished and is ready to welcome a tenant that can easily renovate the space to make full use of every floor and rooftop to their needs. The area is surrounded by MSG sports and concert goers, tourists, and Penn Station commuters. Next door, a newly developed high rise has finalized and the area livelier than ever. New Yorkers are ready for another establishment on W 31st St between 6th and Broadway, as highly missed O'Reilly's has always been a go to. This building includes a kitchen exhaust in place for any restaurant tenant. Additionally, a sprinkler system, domestic water, electrical, and gas lines with ample capacity. There are existing ducts and fans in place, plus a mechanical space on the roof.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Partially Demolished Space
- Can be combined with additional space(s) for up to 9,101 SF of adjacent space
- Finished Ceilings: 9’
- Space comes with spacious rooftop bar.
2nd Floor, Ste Entire Building
Formerly a NYC popular staple O'Reilly's Irish Pub which has been in business since 1973, and another pub before that dating back to the Prohibition. This location is unique to being in between Penn Staton / Madison Sq Garden and Koreatown. A busy area of Manhattan that changes constantly but always been familiar to patrons local and afar. The building has been developed back to 1 unit lot fusing 54 and 56 w 31st together offering 3 floors plus cellar, which includes a rare and attractive roof top bar to be utilized. The rooftop is unique that is split into outdoor and accessible interior spacing. The full building interior has been demolished and is ready to welcome a tenant that can easily renovate the space to make full use of every floor and rooftop to their needs. The area is surrounded by MSG sports and concert goers, tourists, and Penn Station commuters. Next door, a newly developed high rise has finalized and the area livelier than ever. New Yorkers are ready for another establishment on W 31st St between 6th and Broadway, as highly missed O'Reilly's has always been a go to. This building includes a kitchen exhaust in place for any restaurant tenant. Additionally, a sprinkler system, domestic water, electrical, and gas lines with ample capacity. There are existing ducts and fans in place, plus a mechanical space on the roof.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Partially Demolished Space
- Can be combined with additional space(s) for up to 9,101 SF of adjacent space
- Finished Ceilings: 9’
- Space comes with spacious rooftop bar.
3rd Floor, Ste Entire Building
Formerly a NYC popular staple O'Reilly's Irish Pub which has been in business since 1973, and another pub before that dating back to the Prohibition. This location is unique to being in between Penn Staton / Madison Sq Garden and Koreatown. A busy area of Manhattan that changes constantly but always been familiar to patrons local and afar. The building has been developed back to 1 unit lot fusing 54 and 56 w 31st together offering 3 floors plus cellar, which includes a rare and attractive roof top bar to be utilized. The rooftop is unique that is split into outdoor and accessible interior spacing. The full building interior has been demolished and is ready to welcome a tenant that can easily renovate the space to make full use of every floor and rooftop to their needs. The area is surrounded by MSG sports and concert goers, tourists, and Penn Station commuters. Next door, a newly developed high rise has finalized and the area livelier than ever. New Yorkers are ready for another establishment on W 31st St between 6th and Broadway, as highly missed O'Reilly's has always been a go to. This building includes a kitchen exhaust in place for any restaurant tenant. Additionally, a sprinkler system, domestic water, electrical, and gas lines with ample capacity. There are existing ducts and fans in place, plus a mechanical space on the roof.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Partially Demolished Space
- Can be combined with additional space(s) for up to 9,101 SF of adjacent space
- Finished Ceilings: 9’
- Space comes with spacious rooftop bar.
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.
PROPERTY FACTS
| Total Space Available | 9,101 SF | Gross Leasable Area | 9,101 SF |
| Property Type | Retail | Year Built | 1910 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 9,101 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 9,101 SF |
| Year Built | 1910 |
ABOUT THE PROPERTY
Formerly a NYC popular staple O'Reilly's Irish Pub which has been in business since 1973, and another pub before that dating back to the Prohibition. This location is unique to being in between Penn Staton / Madison Sq Garden and Koreatown. A busy area of Manhattan that changes constantly but always been familiar to patrons local and afar. The building has been developed back to 1 unit lot fusing 54 and 56 w 31st together offering 3 floors plus cellar, which includes a rare and attractive roof top bar to be utilized. The rooftop is unique that is split into outdoor and accessible interior spacing. The full building interior has been demolished and is ready to welcome a tenant that can easily renovate the space to make full use of every floor and rooftop to their needs. The area is surrounded by MSG sports and concert goers, tourists, and Penn Station commuters. Next door, a newly developed high rise has finalized and the area livelier than ever. New Yorkers are ready for another establishment on W 31st St between 6th and Broadway, as highly missed O'Reilly's has always been a go to. This building includes a kitchen exhaust in place for any restaurant tenant. Additionally, a sprinkler system, domestic water, electrical, and gas lines with ample capacity. There are existing ducts and fans in place, plus a mechanical space on the roof.
- Signage
NEARBY MAJOR RETAILERS
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54 W 31st St
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