242 W 27th ST, New York (manhattan), NY 10001
242 W 27th ST, New York (manhattan), NY 10001
242 W 27th ST, New York (manhattan), NY 10001
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$119,999
Est. payment /mo
2,452 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID 966059

Rental Info No

Year Built 1927

Annual Tax Amount $153,800

Lot Size 2,452 Sqft

Acres 0.0563

Property Sub-Type Business

Source onekey2

Property Description

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.

Location

State NY

County New York (manhattan)

Rooms

Basement Storage Space

Interior

Heating Steam

Cooling Ductless

Fireplace No

Exterior

Utilities Available Cable Connected, Electricity Connected, Water Connected

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None


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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Yaos Realty LLC • Jianfeng Yao

NEARBY SCHOOL & BUSINESS

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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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