1691 Broadway New York, NY 10019
- Retail properties
- 16,500 SF
Current Use by Public Records
- Metropolitan Improvements / General Contractor
- ATM 24 / Atm
- Sliding Closet Barn Doors / Door Supplier
- LibertyX Bitcoin ATM / Atm
- Food City Cafe and pizza / Pizza Restaurant
Property Details for 1691 Broadway
- Year built
- 1925
- Property size
- 16,500 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9829
- Latitude
- 40.7634