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48 W 48th Street

New York, NY 10036 · Manhattan

Status
Active
On site
87 days

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About this home

Rare opportunity to lease a fully built-out restaurant space in a highly desirable Midtown Manhattan location. Situated in a vibrant commercial district with strong pedestrian activity and convenient access to public transportation, this approximately 4,200 SF space is configured across two levels and offers flexibility for a variety of food and beverage concepts. The premises feature existing restaurant infrastructure, including gas service, and benefit from a favorable long-term lease with current rent of $22,700 per month and annual real estate taxes of approximately $12,000. The lease includes a 10-year term with an additional 5-year renewal option. Confidential opportunity; additional details available upon request.

Listed with Homix Realty Inc · Kai Zhao · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 4:09 PM ET. ©2026 One Key MLS.

Estimate Your Monthly Payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and Private Mortgage Insurance.

$2,677.72Total / mo

Estimated Monthly Payment

Principal & interest
$1,477.72 (55.2%)
Taxes
$1,000.00 (37.3%)
Insurance
$200.00 (7.5%)

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.

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Market Insights

The market around New York, NY

Current Listings

New in the last 30 days

47

Sep 2026

Average Price

Active listings

$1,569,190

Sep 2026

Average Days on Market

Active listings

178 days

Sep 2026

Computed from 468 active OneKey MLS listings in New York, NY.

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