BEDS0
BATHS
MLS#966059
STATUSActive
PROPERTY TYPECommercial -
Property 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.
Property Features
Property Type: Commercial -
Basement: Storage Space
Cooling: Ductless
Heating: Steam
Lot Size: 0.06 Acres
Taxes: $153,800
Year Built: 1927
Feature Descriptions
Building Area Total: 14952
Business Type: Food & Beverage
Days on Site: 3
Exterior: Brick
On Market Date: 2026-03-01
Parcel Number: 0776-0062
Property Attached Y/N: 1
Rental Term: Monthly
Seller Concession: Yes
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Water Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: Yaos Realty LLC
Agency Contact: 347-630-8888
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
Joyce Realty® and Logo are registered trademarks of US Patent & Trademark Office: Reg. No. 5,743,966-Ser. No. 88-0075,379. All rights reserved.
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/05/2026. The listing information on this page last changed on 03/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/05/2026 12:16:18 AM EST) or NJMLS/ IDX (last updated Wed 03/04/2026 11:23:28 PM EST) or OneKey MLS (last updated Thu 03/05/2026 12:14:08 AM EST) or REBNY MLS (last updated Wed 03/04/2026 9:22:14 PM EST). Real estate listings held by brokerage firms other than Joyce Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. 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.
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242 W 27th Street | MLS# 966059
This commercial property located at 242 W 27th Street , New York, NY 10001 is currently listed for sale with an asking price of $159,999. Search New York real estate on www.joycerealty.com today.