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Renovated Supermarket with Full Kitchen
New
For Sale
$689,000

1944 1st Ave, New York, NY 10029

Approximately 5,000 SF supermarket offering groceries, fresh food, prepared meals, and on-site food preparation.

Property Size5,000 SF
Days on Market6

Property Features for 1944 1st Ave

General Information

Standard status Active
Size 5,000 SF
Property subtype Commercial

Additional Details

Business Included Yes

Building Details

Building Size 5,000 SF
Listing Agency: Fang Fang Realty Inc
Listed By: XueFang (Sue) Li
Source: Elliman
Added: Sep 19 Last Checked: Sep 22 at 5:29PM

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 Fang Fang Realty Inc

Investment Insights

Based on property information with market context.

Located at 1944 1st Ave in East Harlem, this approximately 5,000 SF supermarket combines grocery retail, fresh food, prepared hot food, and an on-site kitchen. The premises were completely renovated approximately one year ago, creating a modern operating environment with a wide storefront along the 1st Avenue commercial corridor.

The property is surrounded by residential buildings, restaurants, parks, hospitals, and neighborhood businesses. The location has a Walk Score of 99, a Transit Score of 100, and a Bike Score of 84. Nearby transportation includes the Q and N subway lines and the M15 and M106 bus routes.

Key Highlights

  • Approximately 5,000 SF supermarket at 1944 1st Ave
  • Completely renovated approximately one year ago
  • Fully equipped kitchen for on‑site food preparation

Property Analytics

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Open Analytics

Current Use

Liberty Locksmith Inc. Locksmith

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Computer & Electronic Repair Electrical Service Nursing Home

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

Location Intelligence

Trade Area within ½ mile

6,339
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Domino's Pizza Dining
3,324 visits/mo 0.4 miles

Demographics for 10029, NY

78,141
Population
36,955
Households
2.1
Avg Household Size
36
Median Age
36%
College-Educated
78%
High-School Grad
1.2 sq mi
ZIP Area
65,118
Density / Sq Mi
$38,308
Median Household Income
$41,951
Median Earnings
$1,183
Median Rent
$818,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Similar Off Market Nearby

  • Fairway Market of 86th Street 240 East 86th St, New York, NY 10028
  • Brooklyn Harvest Market Hallett's Point 26-14 2nd St, Astoria, NY 11102
  • Target Grocery 150 East 86th St, New York, NY 10028
  • Frozen products & Baked goods-Saba Food 415 E 90th St, New York, NY 10128
  • Key Food Supermarkets 1769 2nd Ave, New York, NY 10029

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Approximately 5,000 SF supermarket offering groceries, fresh food, prepared meals, and on-site food preparation.
Where is this grocery and convenience store located?
The property is located at 1944 1st Ave New York, NY.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: Approximately 5,000 SF supermarket at 1944 1st Ave; Completely renovated approximately one year ago; Fully equipped kitchen for on‑site food preparation
More about this property
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