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    860 Riverside Dr New York, NY 10032

    For Lease
    $5,000 /Mo ($24 SF/Yr)

    2,500 SF commercial space in a prime location.

    Property size:
    2,500 SF
    Lot size:
    0.49 Acres

    Property Features for 860 Riverside Dr

    General Information

    Size
    2,500 SF
    Lot size
    0.49 Acres

    Source: Sovereign Associates Inc - Corporate Agent Nelid Gacevic

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

    Overview

    Riverside Drive Retail Opportunity

    Located at 860 Riverside Drive, this 2,500-square-foot commercial space offers a versatile open floor plan suitable for various ventures, including office or medical use. The space benefits from a location in a thriving neighborhood with high pedestrian traffic, ensuring maximum visibility and accessibility. This setting provides an ideal opportunity to realize business aspirations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    860 Riverside Dr ... Apartment Building

    Suggested Use

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

    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
    -73.946156
    Latitude
    40.836459

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    FAQs

    What type of property is this?
    Retail space - 2,500 SF commercial space in a prime location.
    Where is this retail space located?
    The property is located at 860 Riverside Dr New York, NY.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Prime city location at 860 Riverside Drive.; - High foot traffic ensures maximum visibility and accessibility.; - Versatile 2,500-square-foot open floor plan.
    (646) 559-9001
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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
    860 Riverside Dr New York, NY 10032
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