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Fully Equipped Commercial Kitchen
For Sale
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115 2nd Avenue, New York, NY 10003

Established bakery improvements retain historic architectural details and include commercial production, refrigeration, and storage equipment.

Property Size1,500 SF
Price / SF$116.67
Days on Market9

Property Features for 115 2nd Avenue

General Information

Standard status Active
Size 1,500 SF
Property subtype Business for Sale
Lease Type Modified Gross

Additional Details

Business Included Yes
Equipment Included Yes

Building Details

Year Built 1901
Year Renovated 2020
Listing Agency: The Agency NYC Real Estate
Listed By: Evan Franca · License #10401394183
Source: Crexi
Added: Aug 27 Changed: Sep 3 Last Checked: Sep 3 at 2:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Agency NYC Real Estate

Investment Insights

Based on property information with market context.

This commercial kitchen opportunity at 115 2nd Avenue includes an established bakery buildout with commercial ovens, a dough sheeter, refrigeration, freezers, two walk-in coolers, and display cases. A 1,500-square-foot basement provides additional storage. The building dates to 1901, while the bakery use extends back to at least 1918. Original 19th-century tile, tin ceilings, and high ceilings add distinctive architectural character to the space.

Located in Manhattan’s East Village, the property is available with a landlord-provided new lease of up to 12 years. The existing configuration and equipment support continued bakery operations or another commercial food-service use, subject to lease terms and applicable approvals.

Key Highlights

  • Commercial ovens, dough sheeter, refrigeration, freezers, and display cases included
  • Two walk‑in coolers support bakery or food‑service operations
  • 1,500‑square‑foot basement provides dedicated storage space

Property Analytics

Current Use

Le Fournil Bakery Moishe's Bake Shop Bakery

Suggested Use

Top Pick Nursing Home Auto Parts Store Pet Grooming Service Buffet Clothing & Fashion Store Adult Day Care

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

31,011
Businesses Nearby

Demographics for 10003, NY

57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
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?
Commercial kitchen - Established bakery improvements retain historic architectural details and include commercial production, refrigeration, and storage equipment.
Where is this commercial kitchen located?
The property is located at 115 2nd Avenue New York, NY.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Commercial ovens, dough sheeter, refrigeration, freezers, and display cases included; Two walk‑in coolers support bakery or food‑service operations; 1,500‑square‑foot basement provides dedicated storage space
More about this property
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