FiDi Manhattan turnkey second-generation restaurant for lease with speakeasy mezzanine

The opportunity

A rare restaurant for lease in Manhattan’s Financial District offering 8,600 SF of turnkey, second-generation space at 97 Washington St, New York, NY 10006. Previously occupied by Sauce & Barrel, this newly renovated full-service restaurant is built for immediate operation with a dramatic two-level layout and strong street presence.

The space combines a high-visibility ground floor dining room with an expansive mezzanine featuring a built-out speakeasy component, creating flexibility for dining, private events, nightlife, or layered service concepts.

• For lease
• 8,600 SF
• $35,000/month
• Turnkey
• Second-generation ready
• Immediate possession
• 10-year term
• Formerly Sauce & Barrel

Space & layout

This FiDi restaurant for lease is configured across two levels, with impressive volume on the ground floor and substantial mezzanine space above.

• Ground floor: 1,600 SF
• Mezzanine: 7,000 SF
• Ceiling height: 20 FT on the ground floor
• Frontage: 80 FT wraparound glass frontage
• Bar area
• Multiple restrooms
• Built-out speakeasy on the mezzanine

The wraparound glass exposure gives the property a strong corner-style presence and brings natural light into the dining areas, while the mezzanine build-out adds character and separation for distinct guest experiences.

Kitchen & infrastructure

This is a fully built restaurant space with the core infrastructure operators look for in a second-generation restaurant for lease in Lower Manhattan.

• Fully vented gas kitchen
• Type I hood
• Grease trap
• Walk-in cooler
• Three-compartment sink
• Fully built-out restaurant equipment in place per prior use

The existing kitchen and back-of-house setup support a broad range of full-service restaurant concepts without the cost and delay of a ground-up build.

Lease terms

The offering presents a compelling value for a large-format restaurant for lease in New York, NY, especially given the existing improvements and immediate usability.

• Asking rent: $35,000/month
• Previously quoted at $40,000/month, now reduced
• Term: 10 years
• Possession: Immediate
• Address: 97 Washington St, New York, NY 10006
• Neighborhood: Financial District / Manhattan

For operators seeking a substantial turnkey restaurant for lease in FiDi, this property stands out with its 8,600 SF layout, speakeasy mezzanine, 80-foot wraparound frontage, and fully built restaurant infrastructure.