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    405 E 56Th St New York, NY 10022

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    For Lease
    $19,000 /Mo ($114 SF/Yr)

    Prime retail space with gas, multiple restrooms, and high ceilings.

    Property size:
    2,000 SF
    Lot size:
    0.46 Acres

    Property Features for 405 E 56Th St

    General Information

    Size
    2,000 SF
    Lot size
    0.46 Acres

    Source: Investment Property Realty Group (IPRG) Agent Brandon Efap

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

    Overview

    Vented Retail Space in Sutton

    This 2,000 square foot retail space features full ventilation and existing gas infrastructure. The space includes multiple restrooms and high ceilings. Situated in the Sutton Place neighborhood, the location benefits from consistent foot traffic throughout the week, supported by a mix of dining and retail establishments. The property is located on a densely populated residential block, bordering a busy office district. Nearby businesses include Bloomingdale’s, CB2, Roche Bobois, Modani, Mr. Chow, Morso, Rosa Mexicano, The Smith, Whole Foods, Trader Joes, Morton Williams, and Daiso, Deux Amis.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Giles Edit Inc. Video Production Service Lisa Traina Wedding ... Marriage Celebrant Lillian H Ostergard ... Jewelry Designer Hornblower & Company Consultant Ny State Society ... Association Or Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9624507
    Latitude
    40.7573373

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    FAQs

    What type of property is this?
    Retail space - Prime retail space with gas, multiple restrooms, and high ceilings.
    Where is this retail space located?
    The property is located at 405 E 56Th St New York, NY.
    What is the lease rate?
    The lease rate is $114 SF/Yr.
    What are key features of this property?
    This property features: - Prime Sutton Place location with high 7-day-a-week foot traffic.; - Fully vented retail space with gas in place.; - Multiple restrooms and high ceilings.
    (781) 360-8801
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    405 E 56Th St New York, NY 10022
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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
    405 E 56Th St New York, NY 10022
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