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    42 W 24Th St New York, NY 10010

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    For Sale
    $9,950,000

    11,000 SF retail space in the NOHO/Flatiron district.

    Property size:
    11,000 SF
    Lot size:
    0.18 Acres

    Property Features for 42 W 24Th St

    General Information

    Size
    11,000 SF
    Lot size
    0.18 Acres

    Source: Nest Seekers International | Long Island City Agent Ron Ovadia

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

    Overview

    Flatiron Retail Space For Sale

    Located in the NOHO/Flatiron district between 5th Avenue and Avenue of the Americas, the retail space at 36-42 West 24th Street offers 11,000 square feet across the ground and cellar floors. This commercial duplex layout is situated within the historic 44 West 24th Street, a 10-story prewar mid-rise building constructed in 1905. The property is currently under owner occupancy and can be transitioned to a vacant state. Zoned M1-6, this Flatiron loft retail space presents an opportunity for investors.
    Location Intelligence

    Current Use by Public Records

    DCL Advisory Inc. Consultant GE&P Recycling Recycling Center Utmost Energy Consultant Spot on Media LLC Media Company clewed Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Food Market Grocery Store Clothing 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
    -73.9915311
    Latitude
    40.7431232

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    FAQs

    What type of property is this?
    Retail space - 11,000 SF retail space in the NOHO/Flatiron district.
    Where is this retail space located?
    The property is located at 42 W 24Th St New York, NY.
    What is the asking price?
    The asking price for this property is $9,950,000.
    What are key features of this property?
    This property features: - Prime NOHO/FLATIRON location between 5th Avenue and Avenue of the Americas.; - Large retail space: **11,000 square feet across ground and cellar floors.**; - Ideal for owner/user with potential for immediate vacancy.
    (917) 655-8513
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    42 W 24Th St New York, NY 10010
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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
    42 W 24Th St New York, NY 10010
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