Iconic, authentic Asian & Chinese restaurant chain in Manhattan. This establishment enjoys a steady flow of customers. Spanning approximately 4000 sqft across two floors (ground floor and basement), it generates monthly revenues of $200,000. Featuring 80 seats plus a bar, the restaurant offers ample dining space. With a monthly rent of $25,000, inclusive of property taxes, and 5 years remaining on the lease, with an option to renew, this opportunity is situated in a prime commercial area with heavy foot traffic. Conveniently located next to a subway station, the restaurant boasts upscale and decent decor and comes fully equipped for immediate operation. Don't miss out on acquiring this turnkey business in one of Manhattan's hottest dining destinations.
103 Bowery, New York, NY, 10002
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The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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