There have been a recent killings, naturally the punisher wants to know why. As he sees the deaths all of the dead have a giant carved smile. Doing research he sees a legend named Jeff the killer. Seeing as he is just a legend he brushes it off as nothing. When the punisher sees a murder in progress he sees that it is Jeff the killer.
Fight is to the death.
The punisher gets two pistols and one switch-blade knife, as a last ditch effort a grenade.
Jeff gets two butcher knifes and a kitchen knife.
Fight is a night. In New York city. Starts at 10 ft away. All city lights remain on. Who wins.