New York City, NY

Gas stations for sale in New York City.

Expert brokerage for buying and selling gas stations and convenience stores across New York City, from underwriting through closing.

Key takeaways
  • New York has about 7,560 convenience stores, the 4th largest state count after Texas, California, and Florida.
  • A busy urban NYC station can move 100,000 to 150,000 gallons per month versus the US average of roughly 4,000 gallons per day.
  • C-store inside sales are about 30% of revenue but roughly 70% of profit, since net fuel margin runs only a few cents per gallon.
  • Gas station values run about 8x EBITDA with real estate (7x to 9x in premium markets), while business-only deals trade at 2.5x to 4.0x EBITDA.
  • Most fuel SBA deals require a Phase I ESA ($1,800 to $3,500, ASTM E1527-21) before financing, which is critical given NYC's underground storage tank history.

New York City sits inside a state with roughly 7,560 convenience stores, and the 5 boroughs represent some of the most supply-constrained, high-traffic fuel and C-store real estate in the country. Dense zoning, scarce corner lots, and high foot and vehicle counts make NYC stations behave differently from the national average. A busy urban station here can move 100,000 to 150,000 gallons per month, well above the US average of roughly 4,000 gallons per day, and in-store sales drive most of the profit. Gas Station Trader is the fuel and C-store practice of Eagle Nest Property Group, a Dallas-based firm with $250 million plus transacted. We run buy-side, sell-side, and sale-leaseback assignments with the underwriting discipline NYC deals demand.

The New York City gas station market

New York State has about 7,560 convenience stores, ranking 4th nationally behind Texas at roughly 16,500, California at about 12,140, and Florida near 9,730. Across the country roughly 60% of stores are single-store operators, and that independent ownership pattern is common across the 5 boroughs. NYC sites trade on traffic and scarcity. A high-volume urban station can run 100,000 to 150,000 gallons per month, far above the US average of about 4,000 gallons per day.

The economics favor the store. Inside sales carry 20% to 40% margins and account for roughly 70% of profit on about 30% of revenue, because net fuel profit is only a few cents per gallon even when 2025 fuel gross margins averaged 40 plus cents per gallon. Compare metro pricing on our New York gas stations for sale page.

Buying a gas station in New York City

Most NYC fuel acquisitions are financed through SBA or conventional debt. The SBA 7(a) program caps at $5 million, and special-purpose gas stations require a 15% minimum equity injection, so plan on 10% to 15% down with real estate terms up to 25 years. As of June 2026, SBA rates run about 9% to 11.5% APR variable, with closings in 30 to 90 days. Conventional financing typically requires 30% to 40% down and closes in 30 to 60 days, though many banks avoid underground storage tanks due to CERCLA liability.

Budget for a Phase I ESA at $1,800 to $3,500 under ASTM E1527-21, which is required for SBA fuel deals and especially important given NYC tank age. Start with our buy-side advisory, the due diligence checklist, and our SBA 7(a) guide.

Selling a gas station in New York City

Pricing a NYC station correctly is the difference between a clean close and a stalled listing. Business-only sales trade at 2.5x to 4.0x EBITDA, smaller stores at 2.0x to 3.5x SDE, combined business-plus-property deals at 4.0x to 7.0x EBITDA, and real estate-inclusive sales at about 8x EBITDA, reaching 7x to 9x in premium markets. We package financials, fuel throughput, and inside-sales margins so buyers and their lenders can underwrite quickly.

Expect a 3 to 6 month timeline. Broker commissions run 10% to 20% on business-only deals and about 6% to 10% on real estate-inclusive transactions. List with our sell-side team, run numbers on the valuation calculator, and review the closing process before going to market.

Values and cap rates in New York

National cap rates average about 5.6%, near 5.58% with fuel and 6.87% without fuel. Credit tenancy compresses pricing further: 7-Eleven trades at 5.00% to 5.40%, Circle K at 5.35% to 5.65%, Wawa at 4.83% to 5.20%, and Murphy USA near 5.13%. Tightest state markets like Florida sit near 5.11%, while weaker markets push 6.0% to 6.5% plus. NYC's scarcity and traffic generally support pricing on the stronger end of the range for well-located, branded sites.

For 1031 buyers, an absolute NNN lease with a 15 to 20 year term is the ideal replacement, and the IRS clock is firm at 45 days to identify and 180 days to close. Model deals with the cap rate calculator and explore NNN gas station listings.

Active deals

Stations & portfolios for sale

FAQ

Buying & selling gas stations in New York City

Price depends on what is included. Business-only deals trade at 2.5x to 4.0x EBITDA, and smaller stores at 2.0x to 3.5x SDE. Combined business-plus-property deals run 4.0x to 7.0x EBITDA, while real estate-inclusive sales price at about 8x EBITDA, reaching 7x to 9x in premium markets. NYC scarcity and high traffic support stronger pricing for well-located branded sites. Use our valuation calculator to model a specific property.
A small-to-medium station owner often nets about $70,000 to $100,000 per year, scaling to $100,000 to $500,000 depending on the site. Profit is driven by the store, not the pump. Inside items carry 20% to 40% margins and make up roughly 70% of profit, while net fuel profit is only a few cents per gallon. A busy urban NYC station moving 100,000 to 150,000 gallons per month has strong inside-sales potential. See our guide on what owners make.
Yes for most financed deals. A Phase I ESA is required for SBA fuel transactions and costs $1,800 to $3,500 under the ASTM E1527-21 standard. It is especially important in New York City, where underground storage tank age and CERCLA liability concerns lead many conventional lenders to avoid fuel sites altogether. Read our Phase I guide and the underground storage tank guide before you make an offer.
Two main paths. The SBA 7(a) program caps at $5 million, requires a 15% minimum equity injection for special-purpose gas stations (10% to 15% down), offers real estate terms up to 25 years, and as of June 2026 runs about 9% to 11.5% APR variable with closings in 30 to 90 days. Conventional financing typically requires 30% to 40% down and closes in 30 to 60 days, though many banks avoid underground storage tanks due to CERCLA. Compare options in our SBA vs conventional guide or talk to our finance team.
New York City underwriting notes

What makes a New York City gas station page worth reading.

New York City should be underwritten as a tourism and event demand market inside the broader New York opportunity set. In practical terms, seasonality can create strong months and quiet months, so trailing financials need to be read by month, not just by year.

Local demand lens

For New York City gas stations, we compare fuel gallons, inside sales, brand strength, and real estate control against nearby New York submarkets instead of treating every city page as interchangeable.

Documents to request

Ask for trailing financials, monthly fuel gallons, supplier terms, tank records, environmental reports, lease or deed details, and a clear split between fuel margin and in-store profit.

What changes value

In New York City, the first diligence pass should focus on monthly revenue, staffing cost, local event calendars, and transient customer mix. Those details decide whether the site belongs with owner-operators, 1031 investors, or regional consolidators.

New York pages need to separate dense downstate infill from upstate highway, neighborhood, and travel-center assets. If you are comparing New York City with other New York markets, use the related pages below to move city by city instead of relying on one statewide average.

Fuel and forecourt lens

New York City, New York through the fuel retail underwriting lens.

This page is evaluated through the fuel site first: gallons, grade mix, margin after card fees, MPD count, canopy visibility, tank history, environmental risk, supplier economics, and the physical forecourt. For local fuel pages, the question is whether traffic, ingress, tanks, and brand presence convert into durable gallons.

Image and brand requirements

Required canopy, dispenser, signage, restroom, or loyalty-image upgrades can turn an attractive fuel site into a capital-heavy acquisition.

Forecourt security

Lighting, camera coverage, pump-island visibility, cash exposure, and overnight staffing affect both operations and buyer comfort.

Fuel margin after fees

Gross margin is not enough. Card fees, freight, rebates, price wars, and discount programs decide how much fuel profit is real.

Environmental liability

Phase I findings, UST history, insurance, open incidents, and remediation obligations should be cleared before a lender or serious buyer relies on price.

For gas station deals, the highest-value diligence usually lives in wet-stock reports, tank records, fuel invoices, supplier contracts, dispenser condition, canopy and lighting, traffic ingress, environmental reports, and fuel margin history. This market page is intentionally written for buyers, operators, lenders, and investors underwriting fuel volume and fuel real estate, so it should be evaluated on the specific commercial questions it answers, not only on broad national search terms.

Decision checklist

What makes New York City, New York a real diligence page.

This market page is strongest when it helps a visitor decide what to do with a real fuel asset. The checklist below keeps the page tied to gas-station economics: gallons, tanks, supplier terms, forecourt condition, environmental records, card fees, and traffic conversion.

Image and brand requirements proof

Ask for evidence. Required canopy, dispenser, signage, restroom, or loyalty-image upgrades can turn an attractive fuel site into a capital-heavy acquisition. For New York City, New York, do not treat this as generic background; make it part of the buyer, seller, lender, or investor checklist.

Forecourt security proof

Ask for evidence. Lighting, camera coverage, pump-island visibility, cash exposure, and overnight staffing affect both operations and buyer comfort. For New York City, New York, do not treat this as generic background; make it part of the buyer, seller, lender, or investor checklist.

Wet-stock and tank records proof

Ask for evidence. Tank tightness, release history, monitoring, cathodic protection, spill buckets, and ATG reports belong in the first diligence package. For New York City, New York, do not treat this as generic background; make it part of the buyer, seller, lender, or investor checklist.

Fuel gallons by month proof

Ask for evidence. Ask for monthly gallons by grade and diesel, not one annual total. Seasonality, price competition, and grade mix can change the real margin story. For New York City, New York, do not treat this as generic background; make it part of the buyer, seller, lender, or investor checklist.

Supplier and jobber terms proof

Ask for evidence. The fuel supply agreement controls pricing, rebates, volume commitments, assignment rights, branding, and whether a buyer can actually step into the deal. For New York City, New York, do not treat this as generic background; make it part of the buyer, seller, lender, or investor checklist.

For Gas Station Trader, the indexed value of the page should come from how well it answers the fuel-site question: what would a serious owner, buyer, lender, or broker verify before trusting the gallons and the real estate?

New York City, New York market proof

Why New York City, New York deserves its own diligence page.

New York City, New York should be evaluated as a fuel-retail market, not just a map page. A serious city page needs traffic conversion, corner quality, gallons, tank and environmental expectations, supplier economics, diesel demand, and the lender questions that can slow a fuel-property closing.

Forecourt security in New York City, New York

Lighting, camera coverage, pump-island visibility, cash exposure, and overnight staffing affect both operations and buyer comfort. Treat this as a local proof point for New York City, New York, not boilerplate geography.

Image and brand requirements in New York City, New York

Required canopy, dispenser, signage, restroom, or loyalty-image upgrades can turn an attractive fuel site into a capital-heavy acquisition. Treat this as a local proof point for New York City, New York, not boilerplate geography.

Environmental liability in New York City, New York

Phase I findings, UST history, insurance, open incidents, and remediation obligations should be cleared before a lender or serious buyer relies on price. Treat this as a local proof point for New York City, New York, not boilerplate geography.

Fuel margin after fees in New York City, New York

Gross margin is not enough. Card fees, freight, rebates, price wars, and discount programs decide how much fuel profit is real. Treat this as a local proof point for New York City, New York, not boilerplate geography.

Ingress and traffic conversion in New York City, New York

Traffic count only matters if drivers can see, enter, fuel, and exit easily. Median cuts, signalized corners, truck access, and competing corners must be mapped. Treat this as a local proof point for New York City, New York, not boilerplate geography.

Diesel and fleet demand in New York City, New York

Diesel mix, fleet accounts, commercial routes, and truck access can materially change value, especially for highway and industrial-market assets. Treat this as a local proof point for New York City, New York, not boilerplate geography.

Lead qualification

What a serious New York City, New York inquiry should include.

Gas Station Trader should turn New York City, New York traffic into fuel-property leads with enough detail to underwrite the site, not just a name and phone number. A useful inquiry explains the fuel asset, the tank and supplier proof, and the decision timeline.

Fuel-site snapshot

Share whether this is a single station, portfolio, brand page, market search, guide question, or tool output. Include gallons, brand or supplier, MPD count, diesel mix, real estate versus leasehold, and tank ownership or responsibility.

Diligence proof

The strongest gas-station lead can provide monthly gallons, wet-stock records, supplier agreement, fuel invoices, card fees, tank and ATG records, Phase I material, environmental history, and forecourt capex notes.

Decision path

Clarify whether the goal is to buy, sell, value, refinance, or prepare for a 1031 or sale-leaseback. Include price range, financing capacity, timing, geography, and any supplier or environmental constraints.

For this market page, a high-quality lead is one where the fuel economics, tank/supplier risk, and next action are clear enough for a broker or principal to respond intelligently.

Institutional guidance

Before you act on Gas Stations for Sale in New York City, NY, talk with a sector broker.

Gas Station Trader is built to turn market interest into a real next step: valuation, buyer match, lending path, diligence package, or confidential sale strategy. Eagle Nest Property Group works across owners, operators, 1031 buyers, and private capital in fuel retail.

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