124 MacDougal Street – Turnkey Quick-Service Restaurant in Greenwich Village For Sale

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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.