Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Construction Company General Contractor
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Atm
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Hardware & Home Improvement Production Facility
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Atm
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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