Share

Facebook
X
LinkedIn
Pinterest
WhatsApp
Threads
Email

Established Italian Restaurant & Wine Bar

West Village · Manhattan . NYC

Asking Price

Upon Request

+ rent · NDA for full financials

Size / Capacity

50 Seats

Ground floor + basement
Monthly Rent

$15,300/mo

Base rent + RE tax pass-through · 3.0% annual escalator

Lease Term

~4.7 years remaining

New 10-year lease available to qualified operators

Build-out

Turnkey setup

Fully built-out dining room, bar, kitchen, prep and storage

About this asset

Positioned in the heart of the West Village, one of Manhattan’s most desirable and tightly held neighborhood dining corridors, this established Italian restaurant and wine bar offers a rare turnkey asset sale opportunity. The surrounding area is known for historic streets, strong residential density, steady foot traffic, and a deep concentration of respected restaurants, bars, boutiques, and cultural landmarks.

The space features an intimate dining room, bar, fully equipped kitchen, prep area, basement storage, and a wine led program supported by a dedicated cellar. Operating since 2021, the restaurant is well suited for an operator who wants to enter one of Manhattan’s strongest dining submarkets without starting from the ground up.

  • Skip the construction: Fully built out dining room, bar, kitchen, prep, and storage areas are already in place. A trained kitchen and floor team are also in place, making the business ready to operate from day one.

  • Skip the capital: This asset sale allows the buyer to take over FF&E, leasehold improvements, license, and goodwill, free of the seller’s liabilities.

  • Skip the launch risk: The restaurant has been operating since 2021 with established neighborhood recognition, an active Beer & Wine license, and 2026 same period revenue tracking modestly ahead of 2025.

  • Below-market rent: The current rent is approximately $15,300 per month, including base rent plus real estate tax pass through, with a favorable 3.0% annual escalator.

  • Lease flexibility: The existing lease has approximately 4.7 years remaining, with the option for qualified operators to pursue a new 10 year lease directly with the landlord.
  • Built-in traffic: Located in the West Village, the restaurant benefits from year round neighborhood demand, destination diners, and nearby cultural and hospitality anchors.

Included in the Sale

  • Fully equipped cooking line, trained kitchen team, and walk in storage downstairs

  • Curated by-the-bottle and by-the-glass wine collection with a dedicated cellar system

  • Active Beer & Wine license at the premises

  • Complete dining room build out, bar, kitchen infrastructure, and seasonal sidewalk café setup

  • All active FF&E, kitchen smallwares, interior fixtures, leasehold improvements, and transferable goodwill

  • Reasonable owner transition support to help ensure operational continuity after closing

  • Immediate growth levers: The concept offers multiple upside opportunities, including lunch and brunch programming, private events, buyouts, expanded wine retail, and a potential upgrade to a full on premises liquor license, subject to SLA and Community Board approval.

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

Established Italian Restaurant & Wine Bar

West Village · Manhattan . NYC

More from the practice

A practice in four
parts.

Designer Café. Turnkey.

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

Asking

Upon Request

SF

500 SF