$1,399,999
2 Bed • 2.5 Bath • 1,301 Sq. Ft.2 bd · 2.5 ba · 1,301 sqft
235 E 40th Street #3G/H
New York, NY 10016
Listed with Century 21 Dawns Gold Realty
$1,380,000
Est. $9,068/moNew York, NY 10001 · Manhattan
Know your budget before you tour. Get pre-qualified
Location! Location! Location! Business for Sale: A renowned, uniquely designed 5-star restaurant in the heart of Chelsea, Manhattan on 7th Avenue. Fully renovated just 2 years ago with stunning modern interiors, this property offers 3,816 sq.ft. on the 1st and 2nd floors, plus a 1,781 sq.ft. basement with elevator access, walk-in cooler/freezer, and full equipment. Features include front window service, a full commercial kitchen, bar area, and a beautifully designed dining space with 98 seats. The restaurant comes with a 20-year lease (18 years remaining) at rent and property tax far below market value, offering an ROI in just 1 year and 7 months. Prime visibility with wide glass frontage near Penn Station and multiple subway lines makes this an exceptional investment opportunity.
Listed with Skylux Realty Inc · Fei Guo · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Nov 2, 2026, 8:07 AM ET. ©2026 One Key MLS.
Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and private mortgage insurance.
Estimated monthly payment
Representative rates
Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.
Taxes are estimated; the listing office didn't report an annual tax figure.
Be the first to know when a Manhattan home hits the market.
Market insights
Current listings
New in the last 30 days
56
Nov 2026
Average price
Active listings
$1,457,954
Nov 2026
Average days on market
Active listings
187 days
Nov 2026
Computed from 470 active OneKey MLS listings in New York, NY.
$1,399,999
2 Bed • 2.5 Bath • 1,301 Sq. Ft.2 bd · 2.5 ba · 1,301 sqft
235 E 40th Street #3G/H
New York, NY 10016
Listed with Century 21 Dawns Gold Realty
$999,000
3 Bed • 3 Bath • 1,661 Sq. Ft.3 bd · 3 ba · 1,661 sqft
227 E 57th Street #3DEF
New York, NY 10022
Listed with Real Broker NY LLC
$1,300,000
1 Bed • 1.5 Bath • 890 Sq. Ft.1 bd · 1.5 ba · 890 sqft
250 W 15th Street #6G
New York, NY 10011
Listed with Poljan Properties Inc.