New York Police Department Commissioner Laura Kavanagh said the fire was caused by the explosion of the battery of an electric bicycle.
Kavanagh noted that electric bicycle batteries exploded, causing large fires and that it was very difficult to extinguish these fires.
Firefighters at the scene said a civilian, an emergency service worker and five firefighters were injured due to the fire.
It is not yet known who the owner of the bike parked near the market is.
New York Mayor Eric Adams also recommended the use of legal lithium-ion batteries, noting the dangers posed by bicycles using low-quality batteries.
It is stated that 400 fires have been caused by electric bicycles using lithium-ion batteries in New York in the last four years.