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    601 Lexington Ave New York, NY 10022

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    For Lease
    Contact for pricing

    Retail space near Lexington Avenue subway station entrance.

    Property size:
    1,180 SF
    Lot size:
    1.75 Acres

    Property Features for 601 Lexington Ave

    General Information

    Size
    1,180 SF
    Lot size
    1.75 Acres

    Source: Colliers | New York City Agent Alexander Green

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

    Overview

    Prime Retail Space Near Subway

    This 1,180-square-foot retail space is situated at the entrance to the Lexington Avenue, 53rd Street Station, which services the E, M, and 6 trains. The station is the 12th most trafficked in the system, with 1,720,264 riders in 2022. The property is adjacent to The Hugh. Only coffee uses will be accepted.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jay P. Lefkowitz, ... Attorney Kirkland & Ellis LLP: ... Attorney Reisman Mark J Attorney Tanne Frederick Attorney Kirkland & Ellis LLP Law Firm

    Suggested Use

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

    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
    -73.9705036
    Latitude
    40.7584036

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    FAQs

    What type of property is this?
    Retail space - Retail space near Lexington Avenue subway station entrance.
    Where is this retail space located?
    The property is located at 601 Lexington Ave New York, NY.
    What are key features of this property?
    This property features: - Situated at the entrance to the Lexington Avenue/53rd Street Station (E, M, 6 trains).; - High foot traffic location: 12th most trafficked station with 1,720,264 riders in 2022.; - Adjacent to The Hugh.
    (212) 716-3500
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    601 Lexington Ave New York, NY 10022
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    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
    601 Lexington Ave New York, NY 10022
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