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    12 W 31St St New York, NY 10016

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    For Lease
    Contact for pricing

    Retail space with usable lower level in Midtown South.

    Property size:
    1,441 SF
    Lot size:
    0.06 Acres

    Property Features for 12 W 31St St

    General Information

    Size
    1,441 SF
    Lot size
    0.06 Acres

    Source: Adams & Company Agent Alan Bonett

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space in Midtown

    This retail space features a fully built ground floor and a usable lower level, characterized by exposed wood beams and brickwork. The space includes two full bathrooms and one shower, with direct access to the lower level via an internal staircase. Situated at the intersection of Manhattan's Nomad district and Midtown South, the property is located two blocks south of the Empire State Building and one block south of Koreatown's major thoroughfare. It lies directly between Herald Square and Madison Square Park. The 1441 square feet space is ideal for salons, accessories, and showrooms, with an immediate sublease term of 3-8 years.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    HRC Corporation Army Facility Optis Consulting Business Management Consultant Tag-Team Detail Construction ... Construction And Maintenance Office Harmoñia Hotel Homeless Shelter The Outsider Agency Entertainment Agency

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Law Firm Nail Salon Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Executive Carpets, Marble Systems Inc. New York, Bathroom and Kitchen Floor Tile, Country Floors - Tile Store & Natural Stone Showroom, Complete Tile Collection

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9868315
    Latitude
    40.746804

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    FAQs

    What type of property is this?
    Showroom - Retail space with usable lower level in Midtown South.
    Where is this showroom located?
    The property is located at 12 W 31St St New York, NY.
    What are key features of this property?
    This property features: - Prime location at the intersection of Manhattan's Nomad district and Midtown South.; - Fully built ground and usable lower level with exposed wood beams and exposed bricks.; - Direct access to lower level via internal staircase.
    (212) 679-5500
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12 W 31St St New York, NY 10016
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