An exceptional and rare opportunity to acquire a recently renovated, Michelin-caliber restaurant in the heart of Scarsdale’s premier dining corridor. With over $1.8 million invested into a full-scale, high-end buildout completed in 2023, this turnkey space represents one of the most thoughtfully designed restaurant environments to come to market in years—particularly in a trade area where availability is extremely limited.
Strategically positioned along Scarsdale Avenue, this location benefits from affluent, dense demographics and consistent foot traffic driven by a highly educated and high-income consumer base. The restaurant is surrounded by luxury residential neighborhoods, boutique retail, and commuter traffic from the nearby Metro-North station, making it a destination for both local patrons and regional diners.
The space was meticulously built to accommodate an upscale dining concept, featuring seating for approximately 120 guests including a beautifully integrated outdoor patio and side seating area. The interior showcases an elegant open-concept layout with engineered white oak flooring, custom lighting, sound-dampening ceilings, and a striking curved zinc bar with 10 plush leather seats—creating a warm yet sophisticated atmosphere consistent with top-tier dining establishments.
The kitchen infrastructure is equally impressive, designed for high-volume, professional execution with a massive 18-foot hood system, a newly installed 1 million BTU gas line, and an extensive lineup of premium commercial-grade equipment including a Rational combi oven, multiple cooking lines, refrigeration systems, and prep stations. The lower level features fully renovated walk-in refrigerator and freezer systems (2023), upgraded mechanicals, new drainage systems, grease traps, and code-compliant improvements throughout.
Additional features include a fully integrated bar program with draft systems and underbar refrigeration, a 350+ bottle dual-zone wine storage system, high-end coffee equipment, Sonos audio systems throughout, and full alarm and surveillance infrastructure.
The lease offers approximately 7.5 years of remaining term with a 10-year renewal option, providing long-term operational stability in one of Westchester County’s most desirable and supply-constrained restaurant markets.
Scarsdale continues to rank among the most affluent communities in the New York metropolitan area, with average household incomes exceeding $250,000 within a 1-mile radius and a strong culture of dining and hospitality. Opportunities to secure a fully built, high-end restaurant in this market—especially one designed to Michelin-level standards—are extraordinarily rare.
Exceptional Restaurant Opportunity – Scarsdale, NY
Turnkey | Recently Renovated | Michelin-Caliber Buildout
Overview
Rare opportunity to acquire a fully built, high-end restaurant in the heart of Scarsdale
Over $1.8M invested into a complete renovation (2023)
Designed and operated as a Michelin-level dining concept
Located in one of Westchester County’s most affluent and supply-constrained markets
Restaurant opportunities in this submarket are extremely limited
Location Highlights
Prime positioning on Scarsdale Avenue
Walking distance to Metro-North train station
Surrounded by:
Affluent residential neighborhoods
Boutique retail and dining
Strong daytime and evening population
Highly educated, high-income demographic base
Demographics (Approximate)
Average Household Income (1-mile): $250,000+
Median Home Values: $1M+
Strong dining culture with demand for upscale concepts
Dense commuter-driven foot traffic
Dining & Layout
Seating for ~120 guests
Indoor dining
Outdoor patio + side seating
Open-concept layout
High-end finishes throughout:
Engineered white oak flooring (French bleed, tooled edge)
Custom lighting
Sound-dampening ceiling
Signature curved zinc bar
10 plush leather bar seats
Bar & Beverage Program
Fully built-out bar infrastructure including:
Dual speed stations with ice bins & rinser systems
Draft beer system (36” cooler)
Back bar refrigeration (Everest units)
Glass freezer & glass rack systems
350+ bottle dual-zone wine refrigeration system
High-end coffee program:
Eversys Super Automatic Espresso Machine
FETCO commercial brewer
Kitchen (Main Level)
Massive 18-foot hood system
1 Million BTU brand new gas line
Premium equipment package including:
Rational Combi Oven
8-burner Vulcan range (286,000 BTU)
6-burner + griddle + salamander
Double floor fryers
Multiple prep refrigeration systems (True, Turbo Air, etc.)
Fully upgraded stainless steel finishes
Multiple hand sinks + 3-compartment sink
Lower Level / Infrastructure
Fully renovated basement (2023):
Walk-in refrigerator (new build + compressor)
Walk-in freezer (new systems)
New floor drainage system with grease trap & ejector pump
FRP walls – brought fully up to code
Staff locker area (18 lockers)
Mechanical & Systems
New heated makeup air unit
3 new grease traps
Full alarm & video surveillance system
Integrated WiFi system
Sonos sound system:
Indoor + outdoor zones
Lease Terms
Approx. 7.5 years remaining
10-year renewal option
Long-term stability in a high-barrier-to-entry market
Investment Highlights
True turnkey opportunity – no additional capex required
Built to institutional / Michelin-level standards
Ideal for:
Established operators
Celebrity chefs
Hospitality groups expanding into Westchester
Replacement cost far exceeds asking pricing
Located in a high-income, high-demand dining market