Newly Built Deli
For Sale
Contact for pricing
960 3rd Avenue, New York, NY 10022
Street-level deli with basement space and electric cooking, built in 2023, on a Midtown 57th Street corridor.
Property Size1,390 SF
Price / SF$251.80
Days on Market55
Property Features for 960 3rd Avenue
General Information
Standard status
Active
Size
1,390 SF
Property subtype
Retail, Business for Sale
Building Details
Year Built
2023
Listing Agency:
Proxy Real Estate
Listed By:
Yosef Kirschenbaum · License #10401308667
Source:
Crexi
Added: Jun 12
Changed: Jul 10
Last Checked: Aug 4 at 1:57PM
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 Proxy Real Estate
Investment Insights
Based on property information with market context.
This newly built deli is available for sale at 960 3rd Avenue and includes street-level space plus a full basement. The property provides 695 sq ft at street level and 695 sq ft in the basement, totaling 1,390 sq ft. Built in 2023, it is equipped with electric cooking.
The establishment is positioned on the 57th Street crosstown corridor in Midtown, within a strong residential and office delivery area. The combination of street-level frontage and a basement back-of-house layout supports a deli operation serving walk-in and delivery demand from the surrounding neighborhood.
For buyers evaluating an operating business or ownership position, the deli is currently under an existing lease with a term until 2038. The current rent is approximately $13,200 per month, and the business is reported to be grossing approximately $100,000 per month. This makes the asset relevant for operators or investors seeking a turnkey, recently constructed food service concept with an extended lease horizon.
The establishment is positioned on the 57th Street crosstown corridor in Midtown, within a strong residential and office delivery area. The combination of street-level frontage and a basement back-of-house layout supports a deli operation serving walk-in and delivery demand from the surrounding neighborhood.
For buyers evaluating an operating business or ownership position, the deli is currently under an existing lease with a term until 2038. The current rent is approximately $13,200 per month, and the business is reported to be grossing approximately $100,000 per month. This makes the asset relevant for operators or investors seeking a turnkey, recently constructed food service concept with an extended lease horizon.
Key Highlights
- Newly built deli for sale built in 2023
- Street‑level space of 695 sq ft plus 695 sq ft in the basement
- Located on the 57th Street crosstown corridor in Midtown, New York, NY
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,117
Businesses Nearby
482k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 63%
Dining 20%
Shops & Services 12%
Groceries 4%
Costco Wholesale
Superstores
303,066 visits/mo
0.2 miles
McDonald's
Dining
61,940 visits/mo
0.0 miles
Speedway
Shops & Services
17,683 visits/mo
0.3 miles
Dunkin' Donuts
Dining
17,346 visits/mo
0.1 miles
Key Food
Groceries
17,068 visits/mo
0.4 miles
Demographics for 10022, NY
36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Street-level deli with basement space and electric cooking, built in 2023, on a Midtown 57th Street corridor.
Where is this grocery and convenience store located?
The property is located at 960 3rd Avenue New York, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Newly built deli for sale built in 2023; Street‑level space of 695 sq ft plus 695 sq ft in the basement; Located on the 57th Street crosstown corridor in Midtown, New York, NY
