Turnkey Pizzeria with Full
For Sale
$150,000
1109 1st Ave, New York, NY 10065
Fully equipped pizzeria includes owned equipment, inventory, and a full basement with central A/C and heat.
Property Size2,000 SF
Price / SF$75
Days on Market34
Property Features for 1109 1st Ave
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$420
Building Details
Building Size
2,000 SF
Listing Agency:
BHHS Fillmore R.E.
(718) 377-6161
Listed By:
Ahmed F. Essa
(718) 377-6161
Source:
Elliman
Added: Jul 24
Changed: Aug 25
Last Checked: Aug 25 at 8:27AM
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.
This turnkey pizzeria offering includes owned equipment, a fully equipped pizzeria inventory valued at approximately $60,000, and 3–4 TVs. The space is described as approximately 2,000 square feet plus a full basement, providing room for day-to-day operations and storage. The premises are equipped with central A/C and heat.
Located at 1109 1st Ave in Manhattan, the business is positioned for high-traffic visibility, with Walk Score of 98 and Transit Score of 100. The current lease is reported to have 8½ years remaining, with a 5–6 year extension option. Rent is listed at $8,240 per month, increasing by 3% annually.
Operating expenses are reported as favorable, including no water bill and no separate heat bill. Gas and electric average approximately $1,750 per month, insurance is approximately $350 every three quarters, and taxes are approximately $35 per month with a 3% annual increase. The business is stated to generate approximately $50,000 in monthly gross sales, with inventory spending of about $2,000 per week and payroll of approximately $2,500–$3,000.
Located at 1109 1st Ave in Manhattan, the business is positioned for high-traffic visibility, with Walk Score of 98 and Transit Score of 100. The current lease is reported to have 8½ years remaining, with a 5–6 year extension option. Rent is listed at $8,240 per month, increasing by 3% annually.
Operating expenses are reported as favorable, including no water bill and no separate heat bill. Gas and electric average approximately $1,750 per month, insurance is approximately $350 every three quarters, and taxes are approximately $35 per month with a 3% annual increase. The business is stated to generate approximately $50,000 in monthly gross sales, with inventory spending of about $2,000 per week and payroll of approximately $2,500–$3,000.
Key Highlights
- Fully equipped pizzeria sale includes owned equipment and pizza inventory valued at approx. $60,000
- Approx. 2,000 SF plus full basement, with central A/C and heat for day‑to‑day operations and storage
- Monthly rent is $8,240 with 3% annual increases; lease term has 8 1/2 years remaining plus a 5–6 year extension option
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
29,944
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 10065, NY
32,891
Population
22,734
Households
1.4
Avg Household Size
40
Median Age
86%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
82,228
Density / Sq Mi
$160,938
Median Household Income
$121,212
Median Earnings
$2,828
Median Rent
$1,368,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped pizzeria includes owned equipment, inventory, and a full basement with central A/C and heat.
Where is this conventional restaurant located?
The property is located at 1109 1st Ave New York, NY.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Fully equipped pizzeria sale includes owned equipment and pizza inventory valued at approx. $60,000; Approx. 2,000 SF plus full basement, with central A/C and heat for day‑to‑day operations and storage; Monthly rent is $8,240 with 3% annual increases; lease term has 8 1/2 years remaining plus a 5–6 year extension option
