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Designer Café. Turnkey.

342 West 57th Street The Parc Vendôme · Midtown West, New York

Asking Price

Upon Request

+ rent · NDA for full financials

Size / Capacity

500 SF

~500 SF ground floor
Monthly Rent

$7,983

N/A

Lease Term

8 Years Remaining

N/A

Build-out

Designer Café

About this asset

Designer Café. Turnkey.

Positioned three blocks from Columbus Circle and steps from Central Park, Lincoln Center, the Theater District, and Billionaire’s Row. The corridor delivers heavy daytime office traffic, evening leisure crowds, and year-round tourism—capturing multiple revenue waves every day.

The space features a designer-grade build-out completed in 2024 with custom marble bistro tables, velvet seating, sculptural pendant lighting, and an arched glass façade. It is entirely turnkey for a new operator who wants to acquire a designer build-out for a fraction of the cost and completely bypass the typical hurdles of opening a food and beverage concept in New York City:

  • Skip the construction: 9+ months of permits, build-out, and Condo Board approvals avoided entirely.

  • Skip the capital: An equivalent build-out today would cost $300,000+ between design, permits, and lost rent. $250K+ has already been invested in this modern space.

  • Skip the launch risk: Operating business with an established brand identity, interior and exterior branded signage, and all operational licenses in place.

  • Below-market rent: Long-term operational stability with a fixed monthly rent of $7,983, which sits at or below the corridor market average for the remaining eight years of the lease.

  • Built-in traffic: Positioned directly beneath The Parc Vendôme, a landmark pre-war luxury condominium with approximately 575 residences, providing a daily captive audience walking past the door.

Included in the Sale

  • Commercial espresso machine & grinder

  • Convection oven, microwave, mixer, and blender

  • Glass pastry display case, display refrigerator, kitchen fridge, and milk fridge

  • Complete three-compartment sink & dishwasher infrastructure

  • Custom marble bistro tables, banquette, and velvet seating

  • POS system, surveillance cameras, and sculptural pendant lighting

  • Interior & exterior branded signage, plus all FF&E, smallwares, and fixtures

  • Permitted use as a first-class café with all operational licenses in place

Confidential financials

Full P&L, lease document, vendor contracts, and operating data are available upon execution of a confidentiality agreement. Inquire below.

Listing team

Bledar Asllani

Founder · Associate Broker

Hospitality · Investment Sales

Direct
Email

(212) 729-3526

bledar@kaden.nyc

Mirza Avdovic

Senior Associate

Mixed-Use · Development Sales

Direct
Email

(917) 609-8146

mavdovic@kw.com

Or inquire

Designer Café. Turnkey.

342 West 57th Street The Parc Vendôme · Midtown West, New York

More from the practice

A practice in four
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Designer Café. Turnkey.

342 West 57th Street The Parc Vendôme · Midtown West, New York

Asking

Upon Request

SF

500 SF