1691 Broadway, New York, NY 10019
This exceptional turnkey pizzeria opportunity is located on a prime corner at the intersection of Broadway and West 53rd Street, nestled in the vibrant Times Square submarket of Midtown Manhattan, New York County. The property, housed in a Class C building constructed in 1925, offers a single-tenancy retail space ideal for a restaurant or similar business. The ground floor encompasses approximately 500 square feet, complemented by an additional 400 square feet of basement space. Boasting an impressive 38 feet of wraparound frontage, this location provides exceptional visibility and accessibility for potential customers. The high ceilings, measuring 14 feet, contribute to a spacious and inviting atmosphere. The property includes essential features such as HVAC, an ADA-compliant bathroom, and the possibility of sidewalk seating, enhancing its operational efficiency and customer experience. "Times Square style" LED signage is available at an additional cost, providing a further opportunity to enhance brand visibility within this high-traffic area. The total building square footage is 16,500 square feet. Possession can be arranged. This is a rare chance to acquire a well-established business in one of the world's most iconic locations.
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Food City Cafe and pizza Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.