New York

Gas stations for sale in New York.

~7,560-7,700 C-stores (4th nationally); a high-turnover, independent-heavy market where the count is consolidating, creating steady deal flow.

New York runs roughly 7,560 to 7,700 C-stores, the 4th largest count of any state, behind only Texas, California, and Florida. This is a high-turnover, independent-heavy market where store counts are slowly consolidating, and that consolidation creates steady deal flow for buyers and sellers alike. From dense urban corners across the New York City metro to high-volume highway sites upstate, the pricing, financing, and environmental realities here are specific. Gas Station Trader is a specialist gas station and C-store brokerage (Eagle Nest Property Group, Dallas TX) with more than 250 million dollars transacted. We handle buying, selling, sale-leaseback, and financing for fuel and convenience retail. Call 469.949.6467 to talk through a New York deal.

The New York gas station and C-store market

New York holds about 7,560 C-stores, placing it 4th nationally behind Texas (~16,500), California (~12,140), and Florida (~9,730). Across the US, roughly 60 percent of stores are single-store operators, and New York skews even more independent than that average. That matters for deal supply. As regional operators and aggregators buy up family-owned sites, a steady stream of stations changes hands.

The brand mix runs the full range, from major-branded jobber-supplied stations to dealer-owned unbranded sites. A busy urban station here can move 100,000 to 150,000 gallons per month, well above the US average of about 4,000 gallons per day. Inside sales drive the economics. The C-store typically accounts for about 30 percent of revenue but roughly 70 percent of profit. See our guide on branded vs unbranded stations.

Buying a gas station in New York

New York rewards buyers who underwrite both the fuel and the store. Net fuel profit is only a few cents per gallon even though 2025 gross margins averaged 40-plus cents, so inside sales at 20 to 40 percent margins carry the deal. A small-to-medium station owner often nets about 70,000 to 100,000 dollars per year, ranging to 100,000 to 500,000 by site.

Financing usually runs through SBA 7(a), capped at 5 million dollars, with a 15 percent minimum equity injection on special-purpose gas stations and real estate terms up to 25 years. June 2026 rates run roughly 9 to 11.5 percent APR variable. Conventional financing typically requires 30 to 40 percent down, and many banks avoid USTs due to CERCLA strict liability. Start with how to buy a gas station and our valuation calculator.

Selling a gas station in New York

Selling well in New York starts with clean financials and clean environmental records. A Phase I Environmental Site Assessment under ASTM E1527-21 runs 1,800 to 3,500 dollars, with gas stations at the high end, and it is required for SBA fuel deals. Sorting out USTs early keeps buyers and their lenders at the table. Review our work on underground storage tanks and the Phase I process.

Most sales close in 3 to 6 months, sometimes 6 to 12. Broker commissions run 10 to 20 percent on business-only deals and about 6 to 10 percent on real-estate-inclusive deals. Plan for capital gains exposure on the exit. We help New York owners price, package, and run a competitive process. Start with how to sell a gas station or call 469.949.6467.

New York cap rates and station values

National gas station cap rates sit around 5.6 percent, roughly 5.58 percent with fuel and 6.87 percent without. New York pricing tracks tenant credit and store quality more than geography. Branded credit tenants compress hardest, with 7-Eleven around 5.00 to 5.40 percent and Circle K around 5.35 to 5.65 percent.

For operating businesses, expect 2.5x to 4.0x EBITDA business-only and 4.0x to 7.0x combined, with 6 to 7x for high-volume branded sites. Deals that include real estate run about 8x EBITDA, ranging 7x to 9x in premium markets, and dense New York City metro corners can land at the upper end. NNN-leased fuel assets are valued on cap rate, not multiple. Model your number with the cap rate calculator and read how to value a gas station.

Metros and regions across New York

The New York City metro is the dominant submarket and the densest source of high-volume, high-turnover stations in the state. City and inner-suburb corners command premium pricing on both fuel volume and inside sales, while real-estate-inclusive deals there push toward the 7x to 9x EBITDA range seen in premium markets. Tight footprints, heavy traffic, and strong convenience demand define the metro.

Beyond the five boroughs and their suburbs, Long Island, the Hudson Valley, the Capital Region around Albany, and Western New York around Buffalo and Rochester round out the state. Highway and interstate sites upstate trade on throughput and travel-stop appeal. Wherever your site sits, we can run the analysis. Start with buying or selling, or call 469.949.6467.

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FAQ

Buying & selling gas stations in New York

New York has about 7,560 C-stores, the 4th largest count in the country behind Texas (~16,500), California (~12,140), and Florida (~9,730). The market is independent-heavy, in line with the national pattern where roughly 60 percent of stores are single-store operators, and it is slowly consolidating, which keeps a steady supply of stations on the market.
National gas station cap rates average about 5.6 percent, roughly 5.58 percent with fuel and 6.87 percent without. In New York, pricing follows tenant credit more than location. Branded credit tenants like 7-Eleven (5.00 to 5.40 percent) and Circle K (5.35 to 5.65 percent) compress hardest. Real-estate-inclusive deals run about 8x EBITDA, reaching 7x to 9x in premium New York City metro locations.
With SBA 7(a) financing, capped at 5 million dollars, special-purpose gas stations require a 15 percent minimum equity injection, commonly 10 to 15 percent down, with real estate terms up to 25 years and June 2026 rates around 9 to 11.5 percent APR variable. Conventional financing typically needs 30 to 40 percent down, and many banks avoid USTs due to CERCLA strict liability. SBA closings run 30 to 90 days.
If your buyer is using SBA financing for a fuel deal, yes. A Phase I Environmental Site Assessment under ASTM E1527-21 is required, and it costs 1,800 to 3,500 dollars, with gas stations at the high end given underground storage tanks. Even on cash or conventional deals, resolving UST and environmental questions early keeps buyers and lenders engaged and protects your timeline, which typically runs 3 to 6 months.
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