242 W 27th Street, New York (Manhattan), NY, 10001

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$159,999
4 Days On Site

242 W 27th Street
New York (Manhattan), NY 10001

For Sale|Business|Active
0
Beds
0
Total Baths
14,952
SqFt
$11
/SqFt
1927
Built
County:
New York (Manhattan)
Listing courtesy of Yaos Realty LLC yaosrealty@gmail.com

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242 W 27th Street242 W 27th Street242 W 27th Street
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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.

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Listing Snapshot
Price 
$159,999
Days On Site 
4 Days
Bedrooms 
N/A
Inside Area (SqFt) 
14,952 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0563 Acres
Year Built 
1927
MLS® Number 
966059
Status 
Active
Property Tax 
$153,800.84
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing first seen on site
5 days agoListing updated with changes from the MLS®
General Features
Acres 
0.0563
Property Sub Type 
Business
Sewer 
Public Sewer
SqFt Total 
14952
Utilities 
Cable ConnectedElectricity ConnectedWater Connected
Water Source 
Public
Interior Features
Basement 
Storage Space
Cooling 
Ductless
Heating 
Steam
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Exterior Features
Construction Details 
Brick
Listing courtesy of Yaos Realty LLC yaosrealty@gmail.com


Based on information submitted to the MLS GRID as of 2026-03-06 02:30 AM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
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