1944 1st Avenue Manhattan, NY $ 689,000
1944 1st Avenue
$ 689,000
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1944 1st Avenue

Manhattan, NY, 10029
$ 689,000
Bedrooms-- Baths-- Sq 5,000

Monthly Estimate*

$ 4,350

1944 1st Avenue, Manhattan, NY 10029 - Image 1
1944 1st Avenue, Manhattan, NY 10029 - Image 2
1944 1st Avenue, Manhattan, NY 10029 - Image 3
1944 1st Avenue, Manhattan, NY 10029 - Image 4

Commercial Property for sale in Manhattan, NY

for $689,000. This 5,000 square foot building was built on a lot size of 1.72406.

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.

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Commercial Active

Price

$ 689,000

Property Type

Commercial

Taxes

$ 0

Style

Business Only

Lot Size

1.72406

Town/City

Manhattan

County/Region

New York

MLS | Web ID

504679

Features
General
Equipment Included All equipment is included
Ceiling Height Other
Roof Other
current use Retail
Zoning R7-2
Property Type Commercial
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Attached
Status Active
Construction Materials Other
Cumulative Days on Market 12
MLS Area East Harlem
Sub Type Business Only
City Manhattan
DOM 12
Public Remarks 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
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Interior
Walls Other
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Exterior
Foundation Other
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Fang Fang Realty Inc

Broker

(917) 200-1996

Phone

Affordability Calculator

$4,350
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,350
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2026$689,000 Listed Price

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1944 1st Avenue, Manhattan, NY, 10029 is a Commercial Property for sale at $689,000 with 5,000 sqft and a lot size of 1.72406. The property's zip code is 10029 which is in Manhattan, NY