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Equipped Restaurant
New
For Sale
$159,000

85 Pitt Street, New York, NY 10002

Commercial, New York, NY

Property Size500 SF
Price / SF$318
Days on Market1

Property Features for 85 Pitt Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R7A
Basement Partial, Finished
Subdivision Lower East Side
Standard status Active
Size 500 SF

Building Details

Number of units 1
Building materials Brick
Roof type Flat
Listing Agency: Citi Star Inc
Listed By: Mohamed Mahmoud
Added: Oct 6 Last Checked: Oct 6 at 6:06PM
MLS# 505120

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 500-square-foot restaurant at 85 Pitt Street has a broad equipment package for food preparation and service. The inventory includes a stove, standard and pressure fryers, a hood, steam table, fried chicken warmer, shawarma equipment, pizza oven, and soft-serve ice cream machine. Refrigeration includes two display units, an ice machine, and a walk-in box fridge in the basement; an orange juice machine is also included.

The restaurant is in Manhattan’s Lower East Side and carries an R7A zoning designation. Its menu offerings include chicken, burgers, cheesesteaks, wings, pizza, smoothies, juices, and ice cream.

Key Highlights

  • 500 square feet at 85 Pitt Street, New York, NY 10002
  • Cooking equipment includes a stove, standard deep fryer, pressure deep fryer, hood, steam table, and pizza oven
  • Refrigeration includes two showcase refrigerators and a walk‑in box fridge in the basement

Property Analytics

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Current Use

Kennedy Chicken Take-out & Catering No Fee 2 ... Hotel & Motel

Suggested Use

Top Pick Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet Restaurant Clothing & Fashion Store

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

12,691
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Citibank Shops & Services
15,431 visits/mo 0.3 miles

Demographics for 10002, NY

82,155
Population
39,646
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
71%
High-School Grad
0.8 sq mi
ZIP Area
102,694
Density / Sq Mi
$46,525
Median Household Income
$51,425
Median Earnings
$1,207
Median Rent
$808,500
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Ab — 94 Canal St, New York, NY 10002
  • 99 Favor Taste — 285 Grand St, New York, NY 10002
  • Kikoo Sushi — 141 1st Ave., New York, NY 10003

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The space is outfitted for food preparation and service, with cooking, refrigeration, and specialty food equipment.
Where is this conventional restaurant located?
The property is located at 85 Pitt Street New York, NY.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: 500 square feet at 85 Pitt Street, New York, NY 10002; Cooking equipment includes a stove, standard deep fryer, pressure deep fryer, hood, steam table, and pizza oven; Refrigeration includes two showcase refrigerators and a walk‑in box fridge in the basement
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