Fine Italian Dining · Tribeca
A Tribeca fine Italian restaurant ready to operate. Fully built-out 3,100 SF restaurant in the heart of Tribeca with a prestigious neighborhood presence. Operating since 2022. Reasonable transition support included.
Prime Tribeca neighborhood dining corridor. The space features a 1,450 SF ground floor dining area with elevated finishes and a 1,650 SF lower level equipped for prep, walk-in storage, and office space — turnkey for a new operator who wants to take over a highly profitable concept or refresh under their own brand. The existing lease has approximately seven years remaining expiring April 30, 2033, with a five-year renewal option at 90% FMV, locking in a contractual rent that is 25-30% below current Tribeca market comps.
Full liquor license in place at the premises. $2.12M FY 2025 revenue with $375K FY 2025 SDE, projected to grow to $2.34M 2026E revenue and $462K 2026E SDE. SBA 7(a) loan eligible asset sale structure. 52 indoor dining seats, 12 bar seats, and 22 seasonal sidewalk café seats. Operating since 2022 with a trained kitchen and front-of-house team in place.
