1944 1st Avenue, Manhattan, New York, New York 10029
$689,000
Property Details
Property Description
Welcome to 1944 1st Avenue, an excellent opportunity to acquire a fully renovated supermarket business located in the heart of East Harlem. Situated along the busy 1st Avenue commercial corridor, this approximately 5,000 SF operation offers a wide storefront, strong visibility, and heavy pedestrian traffic. The supermarket offers a variety of groceries, fresh food, and prepared hot food, and includes a fully equipped kitchen for on-site food preparation. The entire space was completely renovated approximately one year ago, providing a modern and well-maintained setup for a new operator. The business generates approximately $160,000 in monthly revenue. Current rent is approximately $13,200 per month, including property taxes, making this a strong income-producing business opportunity in a high-demand Manhattan neighborhood. Surrounded by residential buildings, restaurants, parks, hospitals, and other neighborhood businesses, the location benefits from a consistent customer base and excellent foot traffic. Convenient transportation nearby includes the Q and N subway lines, as well as the M15 and M106 buses. A rare opportunity to acquire a large, recently renovated supermarket with an established operation, full kitchen, excellent visibility, and strong monthly sales in East Harlem.
Property Type Commercial
Property Status: Active
Dalia Samouha
Real Estate Broker
Cell: 718.687.7576
Email: [email protected]
Instagram: @idealpropertiesrealty
