BOXERS REALTY
BOXERS REALTY is a small boutique, Hospitality Brokerage & Consulting firm, located in Manhattan, USA.
MICHAEL HAYES
Michael Hayes is a Licensed Real Estate Broker & experienced Restauranteur. He is the proprietor of BOXERS REALTY and has over 25 years of Real Estate and Hospitality experience in New York City-USA, London-England & County Limerick-Ireland.
Michael was born in London, England. He spent his teenage years working at his father’s pub, “THE WELCOME INN,” County Limerick, Ireland, as well as several pubs in London, England. He has owned & operated three successful restaurants in Manhattan. Each were named “BOXERS BAR & GRILL.” He has owned & operated BOXERS REALTY, since 2007
Michael attended Columbia University in New York City; where he has earned a Bachelor’s in Liberal Arts Degree, with a major in Political Science
Michael’s passion in sports, is Full Contact Japanese Karate. He trained, fought and competed with Oyama World Headquarters, in Greenwich Village NYC, under the tutelage of Shigeru Mas Oyama. Michael has earned the rank of First Degree Black Belt, in Oyama Full Contact Japanese Karate
BROKERAGE
Our brokerage expertise is in the purchase or sale of existing Hospitality retail businesses. The leasing of Hospitality retail spaces. The purchase or sale of Commercial Real Estate.
We offer the following brokerage services:
- The leasing of retail spaces within New York City: Landlord/Tenant representation.
- The purchase or sale of Commercial Real Estate within New York City: Buyer/Seller representation.
- The purchase or sale of Hospitality-retail businesses, within New York City: Buyer/Seller representation
BOXERS REALTY will provide the following brokerage services:
- We will meet with you and conduct an in-depth analysis into the current market value of your property for lease, property for sale or business for sale.
- We will market and offer your property for lease, property for sale or business for sale to our extensive list of clients in our own hospitality data base as well as in several national Commercial Real Estate data bases.
- We will arrange whatever appointments are deemed necessary, to show your property for lease, property for sale, or business for sale to any and all prospective buyers.
- We will Broker all negotiations and submit to you all offers that we may receive from any prospective buyer
- We will actively seek to find an ideal location, for your next Hospitality venture, in New York City
HOSPITALITY
Michael Hayes: Proprietor/Operator “BOXERS BAR & GRILL”
- Michael Hayes has owned and operated three successful Boxers Bar & Grill concepts in New York City.
- Boxer Bar & Grill, locations in Manhattan: 190 West 4th Street / 1152 First Ave / 1485 Second Ave
- He oversaw and managed daily, a staff of more than one hundred people
- In 2007 Michael opened his new business venture, Boxers Realty. He specializes in helping other Hospitality professionals, locate, open and operate Hospitality businesses in New York City
MY LISTINGS
East Harlem:Fully Leased-Income producing-Mixed-Use Property for sale
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uPPER WEST SIDE:Restaurant & Bar for Sale
Sold
- Rent: $16,250 per month
- Size: Approximately: Ground: 1,125 SF
- Basement: 1,125 SF
- Frontage: 23 Feet
- Ceiling Height:14 Feet Ground Floor
- Term: Lease Expiration-January 31st, 2029
- Fixture Fee: $275.000
- Notes: Corner location, situated on the avenue. Turn-Key restaurant. Full liquor license. Vented kitchen. 20 tables-seat 40. Sidewalk Café: 5 tables-seat 10
- Area Tenants: Irving Farm. Emack & Bolios. Grill 22. Oaxaca Taqueria. Momoya. Bettola. Saravanaa Bhavan. Spice
HELL’S KITCHEN:Bar & Grill for Sale
Sold
- Rent: $8,608.00 per month
- Size: Approximately: Ground: 756 SF | Basement: 749 SF
- Frontage:14 Feet
- Term: Lease Expires Oct 31st, 2024. One Five Year Option @ 3% Increases
- Fixture Fee: Asking $220,000
- Notes: Located in the heart of Hell’s Kitchen. Operating Bar & Grill. Fully vented & fixtured. Turn key. Wood burning pizza oven. High foot traffic.
- Area Tenants: Five Napkin Burger. Rudy’s. Room Service. OBAO. Reunion. BEA. Blossom De Jour. Becca. Esca. Hellcat Annie’s Tap Room. 44 & X
UPPER EAST SIDE:
Bar & Grill for Sale
Taken Off Market
- Rent $17,159.00 per month
- Size: Approximately: 1,600 SF Ground | 1,200 SF Basement
- Frontage: 16 Feet
- Term: Lease Expiration 3/31/2026 (Three year lease extension @ FMV available)
- Fixture Fee: Asking $275,000
- Notes: Full Liquor License, seven days per week till 4am. Occupancy 74. Bar seats 24 Tables seat 48. Vented kitchen. The entire restaurant space, was fully renovated over one year ago
- Area Tenants: Baker Street. Treadwell Park. The Jeffrey. Maya. Rosa Mexicano. Serendipity 3. Bed Bath & Beyond. Barry’s Bootcamp. The Rockefeller University. Memorial Sloan Kettering
UPPER EAST SIDE:Sports Bar for Sale
Sold
- Sports Bar for Sale
- Rent $8,159.30 per month
- Size: Approximately: 1,100 SF Ground | 1,100 SF Basement
- Frontage: 18 Feet
- Term: Lease Expiration 9/30/2027
- Fixture Fee: Asking $295,000
- Notes: Full Liquor License, seven days per week till 4am. Occupancy 65. Seats 30 people. Vented kitchen. Full basement with office, storage & walk-In box. Heavy foot traffic from area hospitals.
- Area Tenants: NYP, HSS, MSKCC & Lenox Hill hospitals. Weill Cornell Medical Center. Le Pain Quotiden. Patsy’s Pizzeria. Lenny’s Ultimate Sandwich. Bamboo Sushi. Yia Yia’s. Texas Rotisserie & Grill
BROOKLYN HEIGHTS
Leased
- Restaurant Space for Lease
- Rent: Asking $30.000 per month
- Size: Approximately:
Ground: 2,150 SF
Basement: 1,400 SF - Frontage: 15 Feet
- Term: Negotiable
- Fixture Fee: None
- Notes: Tables seat 86. Bar area seats 16. Vented restaurant space with cold storage & prep in basement
- Area Tenants: B. Good, Custom House, Hanco’s, Café Buno Gusto, CVS, UPS, Chase Bank, Citi Bank, Bank of America, Santander Bank, TD Bank, Sprint, Verizon, AT&T, Francesca’s Loft, Douglas Elliman, Corcoran, Halstead, Orange Theory Fitness, City MD
THE BOWERY:
Restaurant & Bar Space for Lease
Leased
- Rent: Asking $28.000 per month
- Size: Approximately:
Ground: 1,900 SF
Basement: 1,900 SF
Sub-Basement 1,900 SF - Frontage: 16 Feet
- Term: Negotiable
- Fixture Fee: None
- Notes: Fully built, vented restaurant space. All FF&E included in lease
- Area Tenants: Bar Primi, Bowery Meat Company, Camper Lab, Gino Sorbello Pizza, Gjelina (coming soon), Kenneth Cole, Patagonia, Saxon & Parole, The New Stand (coming soon), The Reformation, Think Coffee
THE UPPER EAST SIDE
Leased
- Restaurant Space for Lease
- Rent: Asking $25.000 per month
- Size: Approximately:
Ground: 1,600 SF
Basement: 1,500 SF
Backyard: 300 SF - Frontage: 22 Feet
- Term: Negotiable
- Fixture Fee: None
- Notes: Prime Upper East SIde, Restaurant Opportunity. Vented for cooking use
- Area Tenants: Two Boots Pizza, Vinnie’s Pizzeria, Starbucks, Elios, BurgerFi, Luke’s Lobster, 16 Handles, The Gilroy
THE UPPER EAST SIDE
Sold
- Bar & Restaurant for Sale
- Rent: $14,560.00 per month
- Size: Approximately:
- Ground: 1,750 SF
Basement: 1,750 SF - Frontage: 26.6 Feet
- Term: Lease Expiration 12/31/2025 | Plus One Five Year Option @ FMV
- Fixture Fee: Asking $550,000
- Notes: “Turn Key” Bar & Restaurant business. Full liquor license, seven days per week till 4am. Hardwood Bar, seats 20. Tables seat 70. Certificate of Occupancy for 99 people. Fully equipped & vented kitchen.
- Area tenants: James Wood Foundry. 2nd Ave Deli. Sushi of Gari. The Pony Bar. Numero 28. American Trash. Bar Coastal. Canyon Road Grill. Maruzzella Ristorante.
BROOKLYN-DITMAS PARK
Sold
- Restaurant & Bar for Sale
- Rent: $7,200.00 per month
- Size: Approximately:
- Ground: 700 SF
- Basement: 1,500 SF
- Unenclosed Outdoor Café: 300 SF
- Term: Lease Expiration:
December 31 2021 | Plus One Five Year Extension - Fixture Fee: Asking $325,000
- Notes: Fully operational, Restaurant & Bar. Rustic old-world charm. Full Liquor license, seven days per week. Ground floor Dining room seats 40 people. Bar seats 10 people. Unenclosed outdoor Café, seats 18-20 people. Net Sales for 2017, $800,000
THE JERSEY SHORE
Property for Sale
Taken Off Market
- Single Story Building / with a Fully Operational Pub & Restaurant
- Term: Delivered Vacant
- Real Estate Taxes: $13,000 per annum
- Size: Ground Floor: 3,960 SF | Unenclosed Courtyard Café: 3,360 SF
- Purchase Price: Asking $2,975,000
- Notes: Located directly across the road from the beach. This property comprises of one single story building, with 10,000 SF of development rights above the property. A second and third floor may be added to the property, for use as rental apartments, or to be sold as condominiums. The Pub-Restaurant has a full liquor license, seven days per week till 2am. The full liquor license is transferable to other New Jersey properties and valued in the region of $400K.
- There is one large 127ft L shaped bar inside the property. The bar seats 50 people. The dining area surrounding the bar, seats 70 people. Certificate of Occupancy is for 219 people. The unenclosed courtyard café, comfortably seats 100 people and has its own service bar. The Pub-Restaurant, will be delivered fully fixtured. The entire property underwent a full gut renovation in 2016 and all the FF&E are less than two years old. The Pub-Restaurant is currently an Irish sports pub, which can easily be adapted for other hospitality uses, or other non-hospitality retail uses.
- The property is located 50 Miles from New York City. It can be accessed from NYC via car, which takes one hour, or by ferry from The World Financial Center, which takes 55 minutes. The Pub-Restaurant that currently occupies this property, caters to both the local community, as well as summer vacationers
BROOKLYN-BUSHWICK
Leased
- Bar & Grill for Lease
- Rent: Asking $14,000 per month
- Size: Approximately:
Ground: 2,250 SF
Basement: 1,125 SF
Plus Unenclosed Outdoor Café - Term: Negotiable
- Fixture Fee: None
- Notes: A corner Bar & Grill, located within industrial Bushwick-Brooklyn. Classic old world charm. Wood plank flooring, tin ceilings antique lighting. exposed brick walls. Restaurant & Bar seats 74. Outdoor unenclosed café, seats 36. Prior tenant had a full liquor license, seven days per week, till 4am. Fully equipped & vented kitchen
THE EAST VILLAGE
Sold
- Restaurant & Bar for Sale
- Rent: $12,902.00 per month
- Size: Approximately:
Ground: 1,600 SF
Basement: 1,200 SF - Term: Ten Years
- Fixture Fee: Asking $250,000
- Notes: Established “Turn Key” East Village Restaurant & Bar. Vented kitchen. Full liquor license, till 2am, seven days per week. Ground floor dining room, seats 64. Outdoor (year round) patio, seats 34
HARLEM
Leased
- Restaurant for Sale
- Rent: Asking $12.000.00 per month (neg)
- Size: Approximately:
Ground: 2,200 SF
Selling Lower Level: 1,800 SF - Term: Ten Years
- Fixture Fee: Asking $155,000 (neg)
- Notes: Turn Key American Bar & Grill. Located in fashionable & vibrant East Harlem. 4am full liquor license, seven days per week. Two floors. Each floor has its own separate entrances and bathrooms. New Southern Pride SRG 400 smoker. C/O 150 people. Ground floor occupancy: 90 people. Lower level (selling) occupancy: 60 people. Outdoor Café, seats 8. Delivered with all FF&E. Located on one of Harlem’s busiest thoroughfares
HELL’S KITCHEN
Sold
- Restaurant for Sale
- Rent: $8,700.00 per month
- Size: Approximately:
Ground: 600 SF
Basement:1,200 SF - Term: Ten Years
- Fixture Fee: Asking $665,000
- Notes: “Turn Key” Restaurant business, located in the heart of Hell’s Kitchen. This restaurant is a Hell’s Kitchen mainstay with four stars on Yelp. Dense residential population. Walking distance to the Theater District & several major brand name hotels. Wood-fired brick oven with chimney. Ground Floor dining room, seats 28. Bar & counter, seat 7. Sidewalk Café, seats 8. Full liquor license, seven days per week till 4am. Delivered with all FF&E in good working condition. Gross sales of $1,560,000 per annum with room for growth in lunch and delivery
GREENWICH VILLAGE
Sold
- Restaurant for Sale
- Rent: $14,206.00 per month
- Size: Approximately:
Ground: 1,500 SF
Basement: 700 SF - Term: Lease Expiration: April 11th 2024 ( Plus One Lease Extension @ FMV)
- Fixture Fee: $325,000
- Notes: Located in the heart of historic Greenwich Village. High-end build-out, with a classic design. Restaurant seats 56. Bar seats 6. Fully equipped & vented kitchen. Beer & Wine License, seven days per week
HELL’S KITCHEN
Sold
- Restaurant for Sale
- Rent: $12,360 per month
- Size: Approximately:
Ground: 1,106 SF
Basement: 968 SF - Term: Lease Expiration: April 1st2028. Plus One Three Year Option @ FMV
- Fixture Fee: $180,000
- Notes: Located in a high traffic area of Hell’s Kitchen. This highly regarded, modern wine bar & kitchen, boasts a below market lease. Pre-theater, post-theater and numerous hotels, contribute to revenue. Restaurant seats 35. Bar & Chef’s counter seat 22. Sidewalk Café expansion likely, with potential seating for 16. Current owners already have architect plans for café and will provide. Full liquor license, seven days per week
FINANCIAL DISTRICT (Wall Street Area)
Taken Off Market
- Restaurant for Sale
- Rent: $9,154.40 per month
- Size: Approximately: Ground: 847 SF
- Term: Lease Expiration:
July 31st 2021 | Plus One Six Year Extension @ FMV - Fixture Fee: Asking $160,000
- Notes: Turn Key, fast casual restaurant. Seats 19. Located on a very high foot traffic street, in the heart of New York City’s Financial District. Strong delivery & lunch business
BROOKLYN-BUSHWICK
Leased
- Bar & Restaurant for Sale
- Rent: Asking $15,000.00 Per Month
- Size: Approximately:
Ground: 3,079 SF
Basement: 2,950 SF
Open Air Patio: 300 SF - Fixture Fee: Asking $450,000
- Term: New Lease: Ten Years
- Notes: Centrally Located in vibrant, fashionable, historic, Bushwick, Brooklyn. New York. Turn Key Bar & Restaurant. Full liquor license, seven days per week. Dense residential neighborhood. Certificate of occupancy: 138 people. Ground floor dining area & open air patio, seats a total of 103 people. There are two bars & each bar seats 13 people. All Fixtures, Furniture & Equipment (FF&E) delivered “AS IS” and in good working condition. Tremendous upside potential, for the right operator
BROOKLYN-DITMAS PARK
Sold
- Restaurant & Bar for Sale
- Rent: $5,450.00 per month (includes R/E Taxes)
- Size: Approximately: 1,100 SF Ground | 750 SF Basement | Outdoor Cafe
- Term: Lease Expiration: June 30 2022 | One Five Year Option
- Fixture Fee: Asking $475,000
- Notes: Fully operational, casual dining restaurant & bar. Wood fired pizza oven. Full liquor license, seven days per week. Ground floor Dining room seats 52 people. Unenclosed outdoor Café, seats 32 people
CONTACT INFO
We send our listings out each Thursday morning. Please feel free to request to be put on our mailing list, to receive our latest retail sales & leases
If you have a specific area of New York City (with size of space and a use requirement) in mind, then please contact Michael Hayes at your earliest convenience
Michael Hayes
Licensed Real Estate Broker
Boxers Realty
395 South End Ave
No 4BB
(212) 734- 3734
hayes@boxersrealty.com
http://www.BoxersRealty.com
CLIENT TESTIMONIALS
Danny Grace
Owner at Law Offices of Danny Grace P.C
February 9, 2018, Danny was a client of Michael’s
Michael is the go to guy in the bar/restaurant/retail industry for owners looking to find the perfect spot. He recently found the perfect place for my partners and I in the heart of the city. He assisted in negotiations, and provided invaluable insights into issues that retail owners are just not aware of. His attention to detail is immaculate and was available whenever we had a question, day or night. He values his clients and he values the industry. We look forward to working with him again in the future, and could not recommend highly enough. If you need a place, call Michael!
Luca Tesconi
Owner Triple Shot World Atlas Cafes
January 30, 2017, Luca was a client of Michael’s
Michael has successfully helped me to a sell one of my businesses. When it comes to Real Estate Brokers the odds of finding a person that will always answer your calls no matter the time, or the day, it is very, very rare. Michael was always available. He works 24/7 to find the right Buyer and his advice is always aimed to get the best possible deal. I highly recommend him to anyone that is looking to sell his business.
Kathie Lee
Outreach and Marketing at FLEX by Fenwick
March 31, 2016, Kathie worked with Michael in different groups
Michael was very responsive and instrumental in making the purchase of our restaurant possible. I would recommend Michael and look to his services in future ventures
Joseph Porcelli
Attorney at Joseph E. Porcelli, Esq.
February 4, 2015, Joseph managed Michael directly
Michael hayes did a great job helping to effect the sale of lulu & me restaurant. he has strong contacts in the industry, and is indefatigable in pursuit of leads
John Moloney
President at Treaty Management
January 28, 2015, john was a client of Michael’s
Michael was extremely professional and knowledgeable. He helped me close my deal rapidly and at all times was punctual, prompt and responsive
Theo Mavromihalis
The Mavromihalis Law Firm
August 28, 2014, Theo was a client of Michael’s
I have worked with Michael Hayes as his client for purposes of locating prime retail space in Manhattan. Michael’s expansive knowledge of the Real Estate Market in New York and where the next hot spot is developing is truly an asset to anyone who considers hiring him. He was with us at every step in Contract Negotiation, relaying messages and offers to prospective landlords and finally in offering advice and other considerations given the particular area we were looking to lease a commercial space. He is prompt, tenacious and dedicated and you will be hard pressed to find a better broker who will do what it necessary to help close a deal. I recommend him wholeheartedly without any reservation. Thank you Michael for your hard work an efforts
Kenneth Yin
Owner at Tribeca Food Group
May 28, 2013, Kenneth was a client of Michael’s
Michael is a very hard working and gets things done quickly. I am very happy to have met him and would definitely recommend him to all my friends and family
Leo Baskin
Marketing Professional, Seasoned Event Planner
May 22, 2013, Leo was a client of Michael’s
Michael is a great real estate agent. He found me my current restaurant location. He is a very hard worker and very reliable. You can always reach him at anytime
Eric Schwimmer
Owner of Mudville nyc
May 22, 2013, Eric was a client of Michael’s
Michael provided a level of service that was amazing. Can’t wait to use him again
Steven Kachanian
Principal at Klosed Properties and Bluesky Management & Development
May 17, 2013, Steven was a client of Michael’s
Michael of Boxers Realty represented me in the purchase of the Retail Condominium at 302 Broome Street, New York NY. The subject property is a 3,950 SF retail condo located in the Lower East Side. The property has a significant amount of upside due to the gentrification of the surrounding neighborhood. Michael Hayes has worked tirelessly for our company on this recent investment. I can’t recommend Michael or his company (Boxers Realty) enough.
Sincerely,
Steven Kachanian
Principal at Klosed Properties LLC
Alexandra Dickson: Proximo Spirits
Michael provides a highly professional, enthusiastic and efficient service. He also does this with the upmost integrity and confidentiality, and proved that in the recent sale of my restaurant/bar. Michael was always available to quickly respond to questions, whether in person, via phone, or email not only from me but from other realtors, potential buyers or lawyers. I will gladly work with him again and highly recommend him.
Tim Finneran: Principal/Director at Greenleaf Finance
Michael is a consummate professional and is an absolute expert in restaurants and related commercial properties. He is great to work with.
boxersrealty.com 