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Turnkey Pizzeria with Full Basement
For Sale
$150,000

1109 1st Avenue, New York, NY 10065

COMMERCIAL - New York, NY

Property Size2,000 SF
Lot Size0.05 Acres
Price / SF$75
Days on Market14

Property Features for 1109 1st Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning C8-4
Basement Full
Subdivision Upper East Side
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.
Listed By: Ahmed F. Essa
Added: Jul 22 Changed: Jul 23 Last Checked: Aug 4 at 5:06AM
MLS# 503244

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.

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.

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

La Pizza Italia 🇮🇹 Restaurant Carpeting Span Service ... Carpet & Flooring Store Tiella Restaurant

Suggested Use

Top Pick Auto Parts Store Nursing Home Daycare Center Butcher Pet Grooming Service Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

29,944
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10065, NY

32,891
Population
22,734
Households
1.4
Avg Household Size
40
Median Age
86%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
82,228
Density / Sq Mi
$160,938
Median Household Income
$121,212
Median Earnings
$2,828
Median Rent
$1,368,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

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
More about this property
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