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    1319 2Nd Ave New York, NY 10021

    For Lease
    $175 SF/Yr

    Fully equipped, high-traffic retail space.

    Lot size:
    600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This thriving, 600-square-foot pizza restaurant in New York County presents a unique investment opportunity. Located in a high-pedestrian area next to a newly constructed Second Avenue Subway entrance, this single-tenant retail space boasts exceptional visibility and accessibility. The fully equipped interior is ready for immediate operation, featuring air conditioning and an all-glass storefront that maximizes natural light and showcases the business to passersby. High ceilings add to the spacious feel. The property benefits from its strategic location near a variety of established businesses, including Grace’s Market Place, Valley National Bank, Capital One Bank, Bellini, Taroo Hair Salon, Jean Claude French Bistro, Il Divo Italian Restaurant, Commerce Bank, Pottery Barn Kids, CVS, La Esquina Restaurant, Botega Restaurant, Mission Ceviche Restaurant, Walgreens, Beach Café, and New Ko Sushi Restaurant. This concentration of businesses ensures a consistent flow of potential customers. The property's "pizza, food, busy foot traffic" subtype highlights its ideal location for a food-related business capitalizing on the high volume of pedestrian traffic. This turnkey operation is perfect for an experienced restaurateur looking to establish or expand their presence in a prime Manhattan location.

    Property Features for 1319 2Nd Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    600 SF

    Unit(s) available at that property

    Space
    Size
    600 SF
    Rate per SF
    $175

    HighLights

    • 600 sq. ft. retail space in New York County.
    • Single‑tenant occupancy.
    • Fully equipped, operating pizza store.
    • High pedestrian traffic due to proximity to a new Second Avenue Subway entrance.
    • Features air conditioning and an all‑glass storefront with high ceilings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mama's Lasagna Restaurant

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9598272
    Latitude
    40.7672998

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    FAQs

    What type of property is this?
    Retail property - Fully equipped, high-traffic retail space.
    Where is this retail property located?
    The property is located at 1319 2Nd Ave New York, NY.
    What is the lease rate?
    The lease rate is $175 SF/Yr.
    What are key features of this property?
    This property features: 600 sq. ft. retail space in New York County.; Single-tenant occupancy.; Fully equipped, operating pizza store.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1319 2Nd Ave New York, NY 10021
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