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3161 Broadway New York, NY 10027

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For Sale
$129,900

Italian restaurant/pizzeria business for sale in high-density residential area.

Source: P R O Links Realty Inc Agent Santiago F. Jaraba Chacon

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Pizzeria Business For Sale

This is an opportunity to own an Italian restaurant and pizzeria business. The business operates in a space of approximately 750 square feet, which includes a large finished basement. The current rent is $5,800 per month under a NNN lease. The lease has 10 years remaining, expiring on October 1, 2035, and includes annual rent increases of 3%. The space features a hood that is already installed. The location is in a high-density residential area, offering strong potential for delivery services. The business generates approximately $750,000 in annual revenue. Weekly payroll expenses are about $4,000, and monthly utility costs are approximately $3,000.
Location Intelligence

Current Use by Public Records

Trufa Pizzeria Pizza Restaurant Joe's Gourmet Health ... Gourmet Grocery Store

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9592314
Latitude
40.8148557

FAQs

What type of property is this?
Turn key restaurant - Italian restaurant/pizzeria business for sale in high-density residential area.
Where is this turn key restaurant located?
The property is located at 3161 Broadway New York, NY.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: - High annual revenue of ~$750,000.; - Favorable lease terms: $5,800/month NNN with 10 years remaining (expiring 10/01/2035) and 3% annual increases.; - Prime location in a high-density residential area, offering strong delivery potential.
More about this property
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