West Village Italian Restaurant — Vented Gas Hood, 50 Seats + Patio
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West Village Italian Restaurant — Vented Gas Hood, 50 Seats + Patio
Rare opportunity to acquire a fully built-out, full-service Italian restaurant and wine bar in the heart of Manhattan's West Village. Offered as a turnkey asset sale — the next operator can rebrand and open in weeks rather than the 9–12 months a ground-up West Village build typically requires.
The kitchen asset. Vented gas hood with commercial exhaust — genuinely scarce in the West Village, where new gas service and vented Type I hoods routinely take 9–12 months and significant capital to permit. Fully equipped: 8 burners, grill, stone, 2 ovens, walk-in, prep space, multiple lowboys, freezers, full bar setup, all smallwares.
Seating. 28 inside + 4 bar + 18 permitted sidewalk café = approximately 50 seats. New winter vestibule installed 2025.
Location. Hudson Street corridor. Dense residential foot traffic, strong weekend draw, premium check averages.
The lease. Long-term ground-floor lease with basement at materially below-market rent for the corridor. Landlord will offer a new 10-year lease extension to a qualified tenant. Permitted use covers full-service casual Italian with beer, wine.
The kitchen asset. Vented gas hood with commercial exhaust — genuinely scarce in the West Village, where new gas service and vented Type I hoods routinely take 9–12 months and significant capital to permit. Fully equipped: 8 burners, grill, stone, 2 ovens, walk-in, prep space, multiple lowboys, freezers, full bar setup, all smallwares.
Seating. 28 inside + 4 bar + 18 permitted sidewalk café = approximately 50 seats. New winter vestibule installed 2025.
Location. Hudson Street corridor. Dense residential foot traffic, strong weekend draw, premium check averages.
The lease. Long-term ground-floor lease with basement at materially below-market rent for the corridor. Landlord will offer a new 10-year lease extension to a qualified tenant. Permitted use covers full-service casual Italian with beer, wine.
About the Business
- Years in Operation
- 5
- Facilities & Assets
- Established West Village Italian restaurant and wine bar — ground floor plus basement, ~50 seats (28 dining + 4 bar + 18 sidewalk café). Winter vestibule built January 2025.
Fully equipped basement kitchen: 8-burner line, grill, stone, 2 ovens, prep tables, walk-in box, vertical and horizontal freezers. Refrigeration: bar lowboy, 2 kitchen lowboys, dedicated wine bizone for reserve bottles, wine-by-the-glass fridge. Cellar with dedicated A/C.
Dining room conveys complete: 12 tables, 14 chairs, 4 new bar stools, full glassware, silverware, plates, decanters. Outdoor café: 7 tables, 18 chairs, umbrellas, exterior cabinet, blackboard. Yamaha sound system, employee lockers, storage throughout.
HVAC, hoods, fire suppression remain landlord's improvements. Seller retains inventory, decorative bottles, brand elements. - Market Outlook / Competition
- West Village is one of Manhattan's most desirable and tightly-held dining submarkets. Median household income exceeds $200K. Historic district limits new restaurant supply, supporting premium pricing and year-round residential foot traffic.
Direct competitors include Carbone, Via Carota, I Sodi, L'Artusi, Don Angie, Buvette, and Minetta Tavern — all operating at or near capacity, with reservations booked weeks in advance.
Demand for full-service Italian in the neighborhood remains strong. Location benefits from proximity to Hudson River Park, the High Line, Whitney Museum, and major transit (1, A/C/E, B/D/F/M, PATH, L).
Opportunity for the new operator: capture share through stronger lunch and brunch utilization, expanded private events, and a full liquor upgrade unlocking cocktail reve - Opportunities for Growth
- Growth & Expansion6:49 PMClaude responded: Multiple unrealized levers available to the next operator:Multiple unrealized levers available to the next operator:
Lunch and brunch — currently underutilized; full-day operation could materially lift weekly revenue
Private events and buyouts — 50-seat capacity well-suited for dinners, rehearsals, corporate gatherings
Full liquor upgrade — premises and concept may support upgrade to full on-premises liquor (subject to SLA and Community Board approval), unlocking cocktail revenue
Expanded wine program — leverage existing cellar and curated list for retail, wine club, or pairing-led private dining
Catering and off-premise — established kitchen capacity supports neighborhood catering channel
Marketing and digital presence — modest current spend; targeted social and PR can drive reservation density
Existing infrastructure supports all of the above without further capital investment.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $16,500.00 per month
- Lease Expiration
- 1/31/2031
About the Sale
- Seller Motivation
- Seller has relocated out of state and is no longer able to operate the business
- Transition Support
- TBD
Listing Info
- ID
- 2509727
- Listing Views
- 7
Attached DocumentsAttachment Disclaimer
Listing ID: 2509727 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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