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    240 E 28Th St New York, NY 10016

    For Lease
    $6,500 /Mo ($104 SF/Yr)

    Well-kept retail space in high residential area, all uses considered.

    Property size:
    750 SF
    Lot size:
    0.09 Acres

    Property Features for 240 E 28Th St

    General Information

    Size
    750 SF
    Lot size
    0.09 Acres

    Source: Meridian Capital Group Agent Noam Aziz

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

    Overview

    Retail Space on 28th Street

    This is a 750 square foot retail space located on 28th Street. The space is well-kept and situated in a high residential area. All uses are considered for this property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    L Ideal Cleaners ... Dry Cleaner WooWoo Dog and Cat ... Pet Groomer Green Tea Acupuncture ... Spa The Gaming Eagle LLC Video Game Store Green Mandala Juice Shop

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store 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
    -73.9792643
    Latitude
    40.7411969

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    FAQs

    What type of property is this?
    Retail space - Well-kept retail space in high residential area, all uses considered.
    Where is this retail space located?
    The property is located at 240 E 28Th St New York, NY.
    What is the lease rate?
    The lease rate is $104 SF/Yr.
    What are key features of this property?
    This property features: - Beautiful well-kept space; - Directly on 28th Street; - High residential area
    (212) 972-3600
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    New York, NY 10016
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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
    240 E 28Th St New York, NY 10016
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