3161 Broadway New York, NY 10027
Italian restaurant/pizzeria business for sale in high-density residential area.
Property Features for 3161 Broadway
General Information
- Property type
- Commercial
- Standard status
- Active
Source:
Elliman
Listing Agent: Angela Calderon
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, 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
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
Nearby Similar for Sale
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.
