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47 E 29th St Local commercial 352 m² Inoccupé À vendre New York, NY 10016 3 940 813 € (11 192,23 €/m²)
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Centered in the thriving Park Avenue South Corridor
- Turnkey hospitality foundation
- Consistent traffic of affluent residents, office users, tourists, and nightlife
Résumé analytique
Positioned in the heart of NoMad, 47 East 29th Street presents a rare opportunity to acquire a fully built, single-occupancy hospitality asset centered in the thriving Park Avenue South Corridor. Currently operating as Tavern 29, the property is ideally suited for an owner/operator, restaurant group, or experiential hospitality brand seeking to reposition an established venue with substantial existing infrastructure.
The building consists of approximately 6,950 rentable square feet across multiple levels, including a ground-floor bar and dining room, second-floor lounge, and roof terrace. The property is fully vented and delivered with an operational commercial kitchen, substantial prep and storage areas, and three walk-in refrigerators. The existing certificate of occupancy permits up to 208 patrons, creating exceptional flexibility for restaurant, bar, private events, or branded hospitality concepts.
The surrounding neighborhood continues to experience significant growth driven by nearby luxury residential and hotel development, including The Royalton Park Avenue Hotel, The Ritz-Carlton NoMad, Virgin Hotels New York City, The Fifth Avenue Hotel, and the Ace Hotel. This dynamic live-work-play environment has transformed NoMad into one of Manhattan’s most desirable hospitality destinations and benefits from a constant mix of affluent residents, office users, tourists, and nightlife traffic.
47 East 29th Street offers a turnkey foundation with significant replacement-cost value already embedded in the asset. The combination of existing infrastructure, rooftop amenities, multi-level guest experience, and prime NoMad positioning creates a compelling opportunity for an operator or investor to capitalize on one of New York City’s strongest hospitality submarkets. The property’s efficient layout provides the framework for a flagship concept with immediate operational capability and long-term upside potential.
The building consists of approximately 6,950 rentable square feet across multiple levels, including a ground-floor bar and dining room, second-floor lounge, and roof terrace. The property is fully vented and delivered with an operational commercial kitchen, substantial prep and storage areas, and three walk-in refrigerators. The existing certificate of occupancy permits up to 208 patrons, creating exceptional flexibility for restaurant, bar, private events, or branded hospitality concepts.
The surrounding neighborhood continues to experience significant growth driven by nearby luxury residential and hotel development, including The Royalton Park Avenue Hotel, The Ritz-Carlton NoMad, Virgin Hotels New York City, The Fifth Avenue Hotel, and the Ace Hotel. This dynamic live-work-play environment has transformed NoMad into one of Manhattan’s most desirable hospitality destinations and benefits from a constant mix of affluent residents, office users, tourists, and nightlife traffic.
47 East 29th Street offers a turnkey foundation with significant replacement-cost value already embedded in the asset. The combination of existing infrastructure, rooftop amenities, multi-level guest experience, and prime NoMad positioning creates a compelling opportunity for an operator or investor to capitalize on one of New York City’s strongest hospitality submarkets. The property’s efficient layout provides the framework for a flagship concept with immediate operational capability and long-term upside potential.
Informations sur l’immeuble
Type de vente
Investissement ou propriétaire occupant
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
352 m²
Classe d’immeuble
C
Année de construction
1915
Prix
3 940 813 €
Prix par m²
11 192,23 €
Pourcentage loué
Inoccupé
Occupation
Multi
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
1,72
Surface du lot
0,02 ha
Zonage
C5-2
Façade
Caractéristiques
- Ligne d’autobus
- Métro
1 1
Exceptionnellement praticable à pied
100/100
Relativement adapté aux voitures
40/100
Transports en commun exceptionnels
100/100
Moyennement praticable en vélo
70/100
Principaux commerces à proximité
![[solidcore]](https://images.loopnet.co.uk/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Taxes foncières
| Numéro de parcelle | 0859-0036 | Évaluation des aménagements | 705 160 € |
| Évaluation du terrain | 207 377 € | Évaluation totale | 912 537 € |
Taxes foncières
Numéro de parcelle
0859-0036
Évaluation du terrain
207 377 €
Évaluation des aménagements
705 160 €
Évaluation totale
912 537 €
Contacts
-
Louis Puopolo -
Alex Furst -
Kristin Irwin -
Paul Ramirez -
Douglas Elliman Commercial Real Estate
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Photos
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Présenté par
47 E 29th St
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