1109 1st Avenue, New York, NY 10065
COMMERCIAL - New York, NY
Property Features for 1109 1st Avenue
General Information
Taxes and HOA fees
Building Details
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
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
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 10065, NY
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Crab House — 135 E 55th St, New York, NY 10022
- serv de cominter — 678 Lexington Ave, New York, NY 10022