Listing Agency: RIPCO Real Estate - Corporate Show Phone

Listed By: Andrew Mandell Show Phone

Source: Moodyscre

Added: Feb 19, 2025 Changed: Jul 10 Last Checked: Jul 21 at 5:32AM

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Investment Insights

Based on property information with market context.

This retail space offers 3,943 square feet. It features 28 feet of street frontage directly facing Apple's flagship store. The space includes soaring 21-foot ceiling heights suitable for brand statements. Floor-to-ceiling windows maximize visibility and natural light. A dedicated street-level entrance is included. The flexible floor plates are adaptable to various retail concepts.

Key Highlights

• Premium 28 FT street frontage directly facing Apple’s iconic flagship
• Soaring 21 FT ceiling heights ideal for dramatic brand statements
• Floor‑to‑ceiling windows maximizing visibility and natural light

Property Analytics

Property Profile

Current Use

Tri State Equities Real Estate Agency Park meetng Park Alexandros Furs Clothing & Fashion Store Opjet Dart North ... Holding Company My Ny Central ... Tour Operator

Suggested Use

Top Pick Auto Parts Store Butcher Nursing Home Auto Repair Shop Daycare Center Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

89

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for New York, NY

$89.62 /SF/Yr

Avg Asking Price

$12–$250 /SF/Yr

Price Range

2,906 SF

Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space with premium frontage and high ceilings.

Where is this retail space located?

The property is located at 5 E 59th St New York, NY.

What are key features of this property?

This property features: Premium 28 FT street frontage directly facing Apple’s iconic flagship; Soaring 21 FT ceiling heights ideal for dramatic brand statements; Floor‑to‑ceiling windows maximizing visibility and natural light