Asset Sale
A buyer acquires equipment, fixtures, furniture, and restaurant infrastructure without taking on the prior operating company.
Restaurant Asset Sales in New York City
11 properties for sale
Full Restaurant
9 photos
Asset Sale
$85,000$12,500/mo
163 1st Ave, New York, NY 10003, USA750 sq ft
- Walk-In Cooler
- Turnkey
- Equipment Included
- 3-Comp Sink
Full Restaurant
Asset Sale
$8.20/SF/mo$29,471/mo all-in · 3,594 SF
New York, NY3,594 sq ft
- Bar Area
- Equipment Included
- Grease Trap
- 3-Comp Sink
Full Restaurant
4 photos
Asset Sale
$325,002$16,480/mo
32 5th Ave, Brooklyn, NY 11217, USA1,500 sq ft
- Grease Trap
- 3-Comp Sink
- Hood: Type 1
Fast Casual
2 photos
Asset Sale
Contact for price
231 1st Ave, New York, NY 10003, USA1,200 sq ft
- Grease Trap
- 3-Comp Sink
- Hood: Type 1
Full Restaurant
3 photos
Asset Sale
Contact for price
175 Avenue B, New York, NY 10009, USA1,693 sq ft
- Walk-In Cooler
- Walk-In Freezer
- Grease Trap
- 3-Comp Sink
Bar Lounge
5 photos
Asset Sale
$100,000$9,250/mo
Modified Gross
157 Columbus Ave, New York, NY 10023, USA2,400 sq ft
- Bar Area
- Turnkey
- Grease Trap
- 3-Comp Sink
Non Hooded
2 photos
Asset Sale
$84,900$7,983/mo$7,983/mo all-in · 500 SF
Gross
New York, NY500 sq ft
- Equipment Included
- Fully Furnished
- 3-Comp Sink
- cafe
Full Restaurant
6 photos
Asset Sale
$329,000$16,500/mo$16,500/mo all-in · 1,500 SF
Queens, NY1,500 sq ft
- Outdoor
- Bar Area
- Walk-In Cooler
- Walk-In Freezer
Bar Lounge
6 photos
Asset Sale
$3,600/mo$3,600/mo all-in · 900 SF
817 Onderdonk Ave, Ridgewood, NY 11385, USA900 sq ft
- Bar Area
- 3-Comp Sink
Non Hooded
2 photos
Asset Sale
$175,000$7,200/mo$7,200/mo all-in · 600 SF
127 E 7th St, New York, NY 10009, USA600 sq ft
- Turnkey
- Equipment Included
- Fully Furnished
- 3-Comp Sink
Full Restaurant
2 photos
Asset Sale
$300,000$22,000/mo$22,000/mo all-in · 2,300 SF
139 Duane St, New York, NY 10013, USA2,300 sq ft
- Bar Area
- Turnkey
- Equipment Included
- Fully Furnished
11 properties for sale
Full Restaurant
9 photos
Asset Sale
$85,000$12,500/mo
163 1st Ave, New York, NY 10003, USA750 sq ft
- Walk-In Cooler
- Turnkey
- Equipment Included
- 3-Comp Sink
Full Restaurant
Asset Sale
$8.20/SF/mo$29,471/mo all-in · 3,594 SF
New York, NY3,594 sq ft
- Bar Area
- Equipment Included
- Grease Trap
- 3-Comp Sink
Full Restaurant
4 photos
Asset Sale
$325,002$16,480/mo
32 5th Ave, Brooklyn, NY 11217, USA1,500 sq ft
- Grease Trap
- 3-Comp Sink
- Hood: Type 1
Fast Casual
2 photos
Asset Sale
Contact for price
231 1st Ave, New York, NY 10003, USA1,200 sq ft
- Grease Trap
- 3-Comp Sink
- Hood: Type 1
Full Restaurant
3 photos
Asset Sale
Contact for price
175 Avenue B, New York, NY 10009, USA1,693 sq ft
- Walk-In Cooler
- Walk-In Freezer
- Grease Trap
- 3-Comp Sink
Bar Lounge
5 photos
Asset Sale
$100,000$9,250/mo
Modified Gross
157 Columbus Ave, New York, NY 10023, USA2,400 sq ft
- Bar Area
- Turnkey
- Grease Trap
- 3-Comp Sink
Non Hooded
2 photos
Asset Sale
$84,900$7,983/mo$7,983/mo all-in · 500 SF
Gross
New York, NY500 sq ft
- Equipment Included
- Fully Furnished
- 3-Comp Sink
- cafe
Full Restaurant
6 photos
Asset Sale
$329,000$16,500/mo$16,500/mo all-in · 1,500 SF
Queens, NY1,500 sq ft
- Outdoor
- Bar Area
- Walk-In Cooler
- Walk-In Freezer
Bar Lounge
6 photos
Asset Sale
$3,600/mo$3,600/mo all-in · 900 SF
817 Onderdonk Ave, Ridgewood, NY 11385, USA900 sq ft
- Bar Area
- 3-Comp Sink
Non Hooded
2 photos
Asset Sale
$175,000$7,200/mo$7,200/mo all-in · 600 SF
127 E 7th St, New York, NY 10009, USA600 sq ft
- Turnkey
- Equipment Included
- Fully Furnished
- 3-Comp Sink
Full Restaurant
2 photos
Asset Sale
$300,000$22,000/mo$22,000/mo all-in · 2,300 SF
139 Duane St, New York, NY 10013, USA2,300 sq ft
- Bar Area
- Turnkey
- Equipment Included
- Fully Furnished
Market Context
Understanding the New York City Market
Manhattan is the most expensive restaurant real estate market in the United States and one of the most expensive in the world. Lease rates on Madison Avenue, Park Avenue, and parts of Soho exceed $200 per square foot annually. The market rewards concepts that can sustain very high average tickets across multiple meal periods or generate exceptional volume.
Lease rates outside the most premium corridors are still high relative to almost any other US market. Upper East Side, Upper West Side, and the West Village typically run $100 to $170 per square foot. Harlem, the Lower East Side, and Hell's Kitchen are Manhattan's most accessible submarkets at $80 to $140. Even these rates exceed prime locations in most other US cities.
Manhattan's restaurant economics are unforgiving but the upside is real. Prime locations support some of the highest revenues per square foot in the world, supported by 1.6 million daytime workers, 800,000 tourists daily, and a permanent residential population in the millions. Concepts that find product market fit in Manhattan can generate the highest absolute returns in the US restaurant industry.
Popular Markets
Explore Other Restaurant Markets
New York City restaurant opportunities span all five boroughs, each with different entry costs, customer bases, and concept fit.
- Manhattan: Midtown, Madison Avenue, Soho, Tribeca, and the Meatpacking District command $150 to $250 per square foot annually. Upper East Side, Upper West Side, and the West Village typically run $100 to $170. Harlem, the Lower East Side, and Hell's Kitchen are Manhattan's most accessible submarkets at $80 to $140.
- Brooklyn: Williamsburg, Park Slope, and downtown Brooklyn house dense independent restaurant scenes at $80 to $140 per square foot, with stronger neighborhood loyalty than most Manhattan corridors.
- Queens: Astoria, Long Island City, Flushing, and Jackson Heights support high-volume, cuisine-diverse neighborhoods at $50 to $110 per square foot, well below prime Manhattan rents.
- The Bronx and Staten Island: These boroughs offer the most accessible New York City lease rates, typically $25 to $70 per square foot, with local demand and lower occupancy cost than Manhattan or Brooklyn.
Sale Types
Asset Sale vs Business Sale vs Property Sale
Business Sale
A buyer acquires the operating business, brand, staff continuity, vendor relationships, and transfer documents tied to the acquisition.
Property Sale
A buyer acquires the real estate along with restaurant improvements, building systems, and site control.
Price Context
Restaurant Price Ranges in New York City
Asking prices vary by market, concept, profitability, equipment condition, and whether real estate is included. Buyers often compare asset sales below $250,000, business sales from $250,000 to $1,000,000, and property sales above that range.
In New York City, review the asking price against kitchen infrastructure, seating, alcohol license status, seller financing terms, and local permit transfer requirements.
Licenses and Permits
Alcohol License Transfer and Local Permits
Before completing a restaurant acquisition in New York City, confirm NY alcohol license transfer, health permits, business licenses, signage approvals, and local operating permits with the agencies that control the address.
Permit transfer rules vary by market, so buyers should verify what transfers with the business sale, what requires a new application, and what must be approved by the landlord or property owner.
For Owners & Brokers
Why Use Pepperlot to Find Restaurants for Sale in New York City
Built exclusively for restaurant real estate.
Restaurant Only Listings
Every listing on Pepperlot is a restaurant or F&B space. No warehouses, offices, or unrelated commercial properties diluting your New York City search.
Restaurant Specific Listing Fields
Hood systems, grease traps, walk-in coolers, SLA permits, alcohol licenses, seating capacity, patio availability. The details that drive restaurant decisions are in every listing.
New York Market Intelligence
Cuisine gap analysis, demographic data, and competitive landscape information for New York City. Make a more informed decision before committing capital or signing a lease.
Confidential Listings
Some of the best New York City restaurant opportunities are listed confidentially. Pepperlot gives you access to off market opportunities not available on general platforms.
Platform
How to Buy a Restaurant in New York City
A step-by-step approach to acquiring your next location.
Browse Active Listings
Filter New York City listings by transaction type, size, price, and specific features like hood systems, grease traps, outdoor seating, and SLA alcohol licenses. Every listing includes the operational details that matter for restaurant acquisitions in New York.
Review the Transaction Structure
Understand whether you are acquiring a full business, assets only, or a property outright. Each structure carries different liabilities, transition timelines, and entry costs. Asset sales protect buyers from prior liabilities. Business sales require deeper due diligence on financials, staff, and SLA license transferability.
Contact the Seller Directly
Each listing displays the seller or broker's contact details. Reach out directly. Ask for three years of financial statements, lease documents, and SLA license details. For New York transactions, also confirm the status of any DOB Letter of No Objection, Place of Assembly certificate, and Department of Health permits.
Evaluate the Lease and SLA License
New York City lease rates range from $80 to $250 per square foot annually depending on submarket and location. Confirm the remaining lease term, renewal options, CAM charges, and SLA license type and transfer status. Personal guarantees and good guy guarantees are standard in New York commercial leases, particularly in NYC.
About PepperLot
Built for Restaurant Acquisitions in New York City
PepperLot organizes restaurant acquisitions around the details buyers need in New York City: sale structure, equipment, permits, seating, and property context.
Frequently Asked Questions
How much does a restaurant for sale in New York City cost?
New York City restaurant acquisitions vary by submarket and concept type. Asset sales typically start from $120k+. Full business sales range from $300k+ to over $3.5M+ for established concepts in prime submarkets like Midtown and Madison Avenue, Soho, Tribeca, and the Meatpacking District, Upper East Side, Upper West Side, and the West Village. Confirm at least three years of financials and SLA license status before making any offer.
What are restaurant lease rates in New York City?
New York City restaurant lease rates run roughly $80 to $250 per square foot annually, with the higher end of the range applying to prime submarkets and the lower end to emerging or suburban areas. NNN structures and CAM charges typically add another $8 to $18 per square foot annually.
What types of restaurant transactions are listed in New York City?
Pepperlot lists business sales, asset sales, and property sales across New York City. Asset sales transfer equipment and lease only, keeping the seller's prior liabilities out of the transaction. Business sales include the full operation, brand, SLA license where transferable, and staff. Property sales are outright real estate purchases.
Do I need an SLA license to buy a New York City restaurant?
Any restaurant in New York City that serves alcohol requires a State Liquor Authority (SLA) license. New York State Liquor Authority license transfers in Manhattan typically take 90 to 180 days. License types include on-premises liquor, beer and wine, and special restaurant licenses. Some submarkets are 500 foot rule constrained, requiring SLA review for new licenses near schools or houses of worship. Confirm the license type and transfer requirements with both the seller and SLA before closing.
What submarkets are most active for restaurant sales in New York City?
On Pepperlot, the most active New York City submarkets currently are Midtown and Madison Avenue, Soho, Tribeca, and the Meatpacking District, Upper East Side, Upper West Side, and the West Village. Each carries different customer demographics, lease economics, and concept fit, so the best submarket depends substantially on the concept being acquired or planned.
Can I list my New York City restaurant for sale on Pepperlot?
Yes. Listing on Pepperlot is free. Create a New York City-specific listing with details like hood systems, seating, SLA license type, and lease terms. Confidential listing options are available for sellers who prefer to reach buyers without publicly disclosing the business identity.