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Listed price in listed location currency (USD).
$159,999

000

MLS® 966059

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $153,801
Days Active 1
Approx. Age 1927
MLS® Number 966059

Property Address: 242 W 27th St, New York, NY, 10001-5926

Average square foot calculated using Size range provided by listing agent.

Description

An incredible opportunity to own a designer-renovated, high-traffic cafe strategically located directly across from the Fashion Institute of Technology (FIT). This isn't just a coffee shop; it’s a neighborhood staple with a stellar 4.8-star Google rating (300+ reviews) and a deeply established customer base of students, faculty, and Chelsea locals. 8 Years Lease Remaining. The Space & Assets: No expense was spared in the creation of this contemporary space. The owner invested over $250, 000 in custom renovations and $100, 000+ in premium equipment, including the industry-leading Eversys Cameo (or similar) Super Automatic Espresso Machine. The aesthetic is sleek, modern, and perfectly aligned with the creative energy of the FIT campus. Revenue & Growth Drivers: Built-in Clientele: Massive daily foot traffic from thousands of FIT students and staff. Exclusive Vendor Status: Recognized FIT vendor with guaranteed participation in two major annual block parties. Event Hub: Currently hosts multiple recurring community events, providing immediate diversified income. Turnkey Operations: The infrastructure is perfectly optimized for a traditional high-volume cafe or a tech-forward concept.
MLS® Number966059
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1927
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 1, 2026List Date
$159,999List Price
  • Commute

Commute

Starting Address
Destination Address
242 W 27 Th St, New York, NY

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