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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.

Property Features for 3161 Broadway

General Information

Property type
Commercial
Standard status
Active

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Listing Contact
Angela Calderon
Source: Elliman

Listing Agent: Angela Calderon

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

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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, with annual rent increases of 3%. The property is located in a high-density residential area, offering strong delivery potential. The space includes a hood. The business generates approximately $750,000 in annual revenue, with a weekly payroll of around $4,000 and monthly utilities expenses of approximately $3,000.
Location Intelligence

Current Use by Public Records

Trufa Pizzeria Restaurant Joe's Gourmet Health ... Specialty Food Shop

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Similar Places Nearby

OMEGA BAKERY & CAFE, Flamingo, Columbia Dining at Faculty House, Manna's Restaurant

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?
Conventional restaurant - Italian restaurant/pizzeria business for sale in high-density residential area.
Where is this conventional 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 lease with 10 years remaining (expiring 10/01/2035) and 3% annual increases.; - Located in a high-density residential area with strong delivery potential.
More about this property
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