Date
Details
Price
Change
Source
6/22/2026
Listed
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/5
$300,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/5
Property Description
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.
Full Property Details
Full Property Details for 48 W 48th St
General
- Price: $300,000
- Taxes: $12,000
- Status: Active
- Type: Business
- Source: Long_Island
- MLS ID: 1015704
- Updated: 6/22/2026
- Added to Site: 59 day(s) ago
Business
- Business Type: Restaurant
Location
- County: New York (Manhattan)
- Driving Directions: google map
Structural Information
- Detached/Attached: Detached
Financial Considerations
- Tax Amount: $12,000
Disclosures and Reports
- Special Conditions: None
- Property ID: 1263-0061
Listed by Homix Realty Inc
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 48 W 48th St —
Homix Realty Inc
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 48 W 48th St
School District:New York City Geographic School District 02
| Name | Grades | Distance |
|---|---|---|
P.S. 51 Elias Howe 525 West 44th Street, New York, NY 10036 | PK-5 | 0.8 mi |
Middle 297 75 Morton St, New York, NY 10038 | 6- | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48 W 48th St
Tax History
Tax History for 48 W 48th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,564,654
—
$15,318,990
5%
2025
$1,564,654
2%
$14,538,690
—
2024
$1,535,677
—
$14,498,460
—
2023
$1,528,070
2%
$14,426,640
2%
2022
$1,505,430
21%
$14,140,800
22%
2021
$1,242,873
-22%
$11,622,150
-25%
2020
$1,586,742
2%
$15,578,550
—
2019
$1,554,342
—
$15,543,450
-11%
2018
$1,561,443
8%
$17,391,150
18%
2017
$1,441,069
7%
$14,692,500
1%
2016
$1,346,401
6%
$14,514,300
2%
2016
$1,272,022
21%
$14,202,450
6%
2014
$1,053,996
6%
$13,455,000
16%
2013
$994,038
—
$11,634,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 48 W 48th St
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Business
- Active
Listed by Keller Williams Landmark II
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Apartment
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
- 1,153Sq. Ft.
- Condo
- Active
- Updated 2 days ago
- 2Beds
- 1Total Bath
Listed by Exit All Seasons Realty
- Business
- Active
- Updated 22 hours ago
Listed by Infinity Luxxe Estates Llc and Voro LLC
- Multi-Family
- Active
- Updated 16 hours ago
- 8Total Beds
Listed by Winzone Realty Inc
48 W 48th Street, New York, NY 10036 (MLS# 1015704) is a Business property. 48 W 48th Street is currently listed for $300,000 and was received on June 22, 2026. Want to learn more about 48 W 48th Street? Do you have questions about finding other Business real estate for sale in New York? You can browse all New York real estate or contact a Coldwell Banker agent to request more information.