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    489 9Th Ave New York, NY 10018

    For Lease
    Contact for pricing

    Retail space available at the base of a luxury condo.

    Property size:
    906 SF
    Lot size:
    0.40 Acres

    Property Features for 489 9Th Ave

    General Information

    Size
    906 SF
    Lot size
    0.40 Acres

    Source: Newmark - Corporate Agent Alex Hedaya

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

    Overview

    Retail Space in Vita Building

    This 906-square-foot retail space is located at the base of the Vita, a two-building residential development comprising 121 luxury condo units. Situated on a full block between West 37th and 38th Streets, the property is in close proximity to Hudson Yards and Midtown, including Penn Station and the Port Authority Bus Terminal. All non-vented uses are considered for this retail location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

    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
    -73.9945797
    Latitude
    40.7554373

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    FAQs

    What type of property is this?
    Retail space - Retail space available at the base of a luxury condo.
    Where is this retail space located?
    The property is located at 489 9Th Ave New York, NY.
    What are key features of this property?
    This property features: - Retail space at the base of a luxury condo development (121 units).; - Full block location between West 37th and 38th Streets.; - Close proximity to Hudson Yards and Midtown.
    (212) 372-2000
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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
    489 9Th Ave New York, NY 10018
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