Turnkey QSR with Full Venting & Gas Line | Greenwich Village, Manhattan
124 MacDougal Street, New York, NY 10012
Key Money: Upon Request | Rent: $5,200/Month | Size: 600 Sq. Ft.
Turnkey restaurant opportunity in the heart of Greenwich Village on bustling MacDougal Street. Currently operating as What the Falafel, this compact, fully built-out space offers full venting, a gas line, and the infrastructure needed for a restaurant or food-service concept.
Highlights:
- Full venting and gas line in place
- Approximately 600 sq. ft. with customer seating for approximately 12
- Long-term lease with approximately eight years remaining through November 2034
- Current rent of $5,200/month with 3% annual increases
- Reduced rent of $2,600/month through April 2027 in recognition of structural improvements made to the building
- Monthly utilities of approximately $550
- Landlord open to a future beer or wine license, subject to appropriate approvals
- Turnkey setup currently operating as What the Falafel
- Prime MacDougal Street location in the heart of one of Manhattan’s most established dining and nightlife destinations
Ideal For:
- Operators looking to take over the existing concept or bring their own vision to the space
- QSR and fast-casual operators
- Restaurant concepts seeking a compact, fully vented Manhattan location
- Established concepts seeking a Greenwich Village presence
Take over the existing operation or introduce your own concept to a fully built-out restaurant space in the heart of Greenwich Village, combining existing infrastructure, favorable introductory rent, and long-term lease security.
Serious inquiries only. Contact Yanni Kiskini at yanni.kiskini@theagencyre.com | +1 (212) 444-7876 for more information or to schedule a tour.





