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Restaurant Property with Included Equipment
For Sale
$185,000

2487 Jerome Ave The, Bronx, NY 10468

Two restaurant spaces are offered as an asset sale with included pizza equipment and an existing long-term lease.

Property Size1,800 SF
Price / SF$102.78
Days on Market37

Property Features for 2487 Jerome Ave The

General Information

Standard status Active
Size 1,800 SF
Property subtype Commercial

Additional Details

Business Included Yes
Commercial Hood Yes

Taxes and HOA fees

Annual Taxes $1,000

Building Details

Building Size 1,800 SF
Listing Agency: BHHS Fillmore R.E.
Listed By: Ahmed F. Essa
Source: Elliman
Added: Jul 21 Changed: Aug 11 Last Checked: Aug 25 at 8:56AM

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 BHHS Fillmore R.E.

Investment Insights

Based on property information with market context.

2487 and 2483 Jerome Avenue are offered as an asset sale, presenting two commercial restaurant spaces under one lease. The offering is set up for continued operation of two separate businesses or for combining the spaces into one larger food service concept.

The property was previously operated as a pizzeria, and the sale includes valuable food service equipment such as a commercial pizza oven, pizza dough maker, and an approximately 23-foot commercial exhaust hood. The lease is reported to have approximately 7 years remaining, plus a 5-year extension option. The monthly rent is $8,800 with a 4 percent increase each year.

The location is described as being in the same area as the train station, supporting high visibility, easy customer access, and strong foot traffic. WalkScore is listed at 80 and transitScore at 100, indicating a highly walkable and transit-oriented area.

Key Highlights

  • Two commercial restaurant spaces (2487 & 2483 Jerome Avenue) offered as an asset sale under one lease
  • Over 1,800+ square feet of usable space with a flexible layout to run separate businesses or combine into one
  • Long‑term lease with approximately 7 years remaining plus a 5‑year extension option

Property Analytics

Current Use

Kennedy's Fried Chicken Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Acupuncture HVAC Service Building Supply

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
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

5,954
Businesses Nearby
318k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 35% Shops & Services 28% Apparel 28% Electronics 6%
Burlington Apparel
56,281 visits/mo 0.4 miles
Panda Express Dining
27,463 visits/mo 0.1 miles
TD Bank Shops & Services
27,422 visits/mo 0.1 miles
McDonald's Dining
24,013 visits/mo 0.2 miles
McDonald's Dining
19,377 visits/mo 0.3 miles

Demographics for 10468, NY

78,238
Population
29,553
Households
2.6
Avg Household Size
35
Median Age
16%
College-Educated
72%
High-School Grad
1.0 sq mi
ZIP Area
78,238
Density / Sq Mi
$46,624
Median Household Income
$29,914
Median Earnings
$1,594
Median Rent
$259,400
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two restaurant spaces are offered as an asset sale with included pizza equipment and an existing long-term lease.
Where is this conventional restaurant located?
The property is located at 2487 Jerome Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Two commercial restaurant spaces (2487 & 2483 Jerome Avenue) offered as an asset sale under one lease; Over 1,800+ square feet of usable space with a flexible layout to run separate businesses or combine into one; Long‑term lease with approximately 7 years remaining plus a 5‑year extension option
More about this property
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