Property profile

0 23Rd St New York, NY 10010

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 1300-square-foot retail space, located on E 23rd Street in New York City's vibrant New York County (zip code 10010), presents a turnkey opportunity for a pizza restaurant. Situated on the ground floor, this fully built-out space boasts a complete ventilation system, eliminating the significant expense and time associated with installing such crucial infrastructure. The property's convenient location, steps away from Madison Square Park, ensures high foot traffic and visibility, attracting a diverse clientele. The absence of a key money requirement makes this an even more attractive proposition for prospective owners. This single-tenant space is ideal for an established pizza business seeking a prime location or an entrepreneur looking to launch their own venture. The property's address is E 23rd St, New York, NY 10010, offering easy access to public transportation and various amenities. The fully built-out nature of the space allows for immediate occupancy, minimizing downtime and maximizing revenue potential. This is a rare opportunity to acquire a well-positioned, fully equipped restaurant space in a highly desirable New York City neighborhood without the added financial burden of key money. The property is classified as retail, specifically a pizza store, and offers a single tenancy. Its prime location and ready-to-use condition make it an exceptional investment.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

23Rd St New York, NY 10010
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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