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Property profile & analytics

1075 1st Ave New York, NY 10022-2206

  • Retail residential properties
  • 26,100 SF
  • 0.11 lot acres
OFF-MARKET
Value Estimations
$7,025,000
Cap Rate Potential
Location Intelligence
Property ID
US63-1646102
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Denise Winters Photography / Photography Service / (Bike/Boat/Book/etc) Store
  • Malaga Construction / Hardware & Home Improvement / Interior Design
  • Social Media Management - Denise Winters / Marketing & Advertising
  • Blue & Gold Deli / Food Market / Restaurant
  • DRF Properties / Real Estate Agency

Property Details for 1075 1st Ave

Year built
1938
Lot size
0.11 lot acres
Property size
26,100 SF
Zone code
R10
Property type
Retail residential properties
APN
01351-0028
APU
13510028

Description

This exceptional 590-square-foot restaurant space is ideally situated at the corner of 58th Street and 1st Avenue. Currently configured as a deli, this single-tenant property boasts a ground-level kitchen complete with venting, making it ready for immediate occupancy. The location offers significant advantages, including heavy foot traffic and excellent street presence, ensuring high visibility and accessibility for customers. The surrounding area is vibrant and bustling, with numerous restaurants, bars, and other attractions within easy walking distance, creating a thriving commercial environment. The absence of a key money requirement makes this an attractive opportunity for prospective tenants seeking a cost-effective entry into a prime location. This property presents a unique chance to establish or expand a successful food service business in a high-demand area. The space's size and layout are well-suited for a variety of culinary concepts, offering flexibility for customization and adaptation to specific business needs. The existing kitchen infrastructure significantly reduces the initial investment required to commence operations. This is a truly exceptional opportunity for a discerning entrepreneur seeking a turnkey restaurant space in a highly desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9624
Latitude
40.7595
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$309,762
$567,000
$2,254,950
$2,821,950
-
$1,260,000
$4,246,000
$5,506,000
More about this property
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