Turnkey Pizzeria with Full
1109 1st Avenue New York, NY 10065
New
For Sale
$150,000
COMMERCIAL - New York, NY
Property Size2,000 SF
Lot Size0.05 Acres
Price / SF$75
Days on Market5
Property Features for 1109 1st Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C8-4
- Basement
- Full
- Standard status
- Active
- Size
- 2,000 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 420
Building Details
- Number of units
- 1
Listing Agency:
BHHS Fillmore R.E.
(718) 377-6161
Listed By:
Ahmed F. Essa
(718) 377-6161
Added: Jul 22
Changed: Jul 23
Last Checked: Jul 26 at 1:06PM
MLS# 503244
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Investment Insights
Based on property information with market context.
This turnkey pizzeria includes owned equipment, pizzeria inventory, and 3–4 TVs, designed for immediate operation. The premises provide approximately 2,000 square feet plus a full basement for operations and storage, with central A/C and heat already in place. The seller is including an inventory valued at approximately $60,000, supporting an owner-operator or investor transition.
Located at 1109 1st Avenue in New York (Manhattan), the property is zoned C8-4.
The current lease has 8 1/2 years remaining, with a 5–6 year extension option. Rent is listed at $8,240 per month with 3% annual increases. The remarks also note favorable operating expenses, including no separate water bill, gas/electric averaging about $1,750 per month, no separate heat bill, and insurance/taxes as described in the offering materials. The business is reported to generate approximately $50,000 in monthly gross sales, with weekly inventory spending of about $2,000 and payroll of approximately $2,500–$3,000.
Located at 1109 1st Avenue in New York (Manhattan), the property is zoned C8-4.
The current lease has 8 1/2 years remaining, with a 5–6 year extension option. Rent is listed at $8,240 per month with 3% annual increases. The remarks also note favorable operating expenses, including no separate water bill, gas/electric averaging about $1,750 per month, no separate heat bill, and insurance/taxes as described in the offering materials. The business is reported to generate approximately $50,000 in monthly gross sales, with weekly inventory spending of about $2,000 and payroll of approximately $2,500–$3,000.
Key Highlights
- Fully equipped pizzeria space with approximately 2,000 SF plus a full basement for operations and storage
- Lease has 8 1/2 years remaining, plus a 5–6 year extension option; rent is $8,240/month with 3% annual increases
- Monthly operating details: no water bill; gas & electric average about $1,750/month; no separate heat bill
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
La Pizza Italia 🇮🇹
Restaurant
Carpeting Span Service ...
Carpet & Flooring Store
Tiella
Restaurant
Similar Off Market Nearby
- Crab House — 135 E 55th St, New York, NY 10022
- serv de cominter — 678 Lexington Ave, New York, NY 10022
FAQs
What type of property is this?
Conventional restaurant - Turnkey pizzeria space offers approx. 2,000 square feet plus full basement and includes owned equipment.
Where is this conventional restaurant located?
The property is located at 1109 1st Avenue New York, NY.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Fully equipped pizzeria space with approximately 2,000 SF plus a full basement for operations and storage; Lease has 8 1/2 years remaining, plus a 5–6 year extension option; rent is $8,240/month with 3% annual increases; Monthly operating details: no water bill; gas & electric average about $1,750/month; no separate heat bill
