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Gregory Malz
Licensed Associate RE Broker
REALTOR®, JD | LSS | LMS | LRS | LSE | TMS
(516) 737-0737
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578 9th Avenue , New York, NY 10036

$390,000
  • 578 9th Avenue , New York, NY 10036 Main Photo

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Gregory Malz
Call: (516) 737-0737
Text: (516) 737-0737

New to the Market
MLS#1034284
STATUSActive PROPERTY TYPECommercial - Business SCHOOLContact Agent

Property Description

Exceptional restaurant business opportunity available in the heart of Midtown Manhattan. This fully built-out restaurant offers approximately 2,800 SF on the ground floor, plus an additional 1,500 SF of basement space providing valuable room for storage, prep, and back-of-house operations. The premises feature an existing liquor license, a full commercial kitchen, extensive restaurant infrastructure, and a functional layout designed to support high-volume operations.The business demonstrates strong sales performance and benefits from a long remaining lease term, providing stability and future operating potential for a new owner. Situated along the busy West 42nd Street corridor, the restaurant is surrounded by hotels, residential buildings, offices, theaters, entertainment destinations, and a steady mix of local residents, commuters, and visitors.This is a rare opportunity to take over a turnkey restaurant in one of Manhattan's most active commercial and dining districts. With substantial existing infrastructure, a long-term lease, and a highly accessible location, the business is well suited for an experienced restaurateur looking to establish or expand a presence in Midtown Manhattan.

578 9th Avenue | MLS# 1034284

This commercial property located at 578 9th Avenue , New York, NY 10036 is currently listed for sale with an asking price of $390,000. 9th Avenue is located within the Contact Agent school district. Search New York real estate on gregorymalz.laffey.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Basement: Finished, Full
Lot Size: 0.07 Acres
Taxes: $0
Year Built: 1988

Feature Descriptions

Building Area Total: 2800
Business Name: China Xiang
Business Type: Restaurant
On Market Date: 2026-08-13
Parcel Number: 1032-0061
Rental Term: Monthly

Local Schools

School District: Contact Agent

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Preferred Communication Method

Listed By / Shown By

Listing By

Agency Name: B Square Realty
Agency Contact: 646-889-9988

Shown By

Agent Name: Gregory Malz
Agent Phone: (516) 737-0737
Agency Title: Laffey Real Estate

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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 08/13/2026. The listing information on this page last changed on 08/13/2026. 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 08/13/2026 12:23:32 AM EST) or OneKey MLS (last updated Thu 08/13/2026 12:21:25 AM EST). Real estate listings held by brokerage firms other than Laffey Real Estate 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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