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Prime Retail Space on 3rd
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942 3rd Ave, New York, NY

Full building opportunity in high-traffic area near subway.

Property Size2,351 SF
Lot Size0.06 Acres
Days on Market556

Property Features for 942 3rd Ave

General Information

Standard status Active
Size 2,351 SF
Lot size 0.06 Acres
Property subtype OFFICE
Listing Agency: Retail By MONA
Listed By: Brandon L. Singer
Source: Moodyscre
Added: Jan 22, 2025 Changed: Jul 6 Last Checked: Jul 21 at 3:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Retail By MONA

Investment Insights

Based on property information with market context.

This property presents a rare opportunity to lease an entire building. The location benefits from visibility on 57th Street and is conveniently located near the N, R, and W subway lines. Situated in a heavily trafficked corridor, the area features a mix of dense residential and office buildings. The property is surrounded by a strong co-tenancy of well-known furniture brands and a variety of retailers, including home furnishings, restaurants, banks, and grocery stores. Currently occupied by Modani Furniture, the property is suitable for all uses. The property size is 2351 square feet.

Key Highlights

  • Rare full building opportunity.
  • High visibility from 57th Street.
  • Heavily trafficked corridor with dense residential and office buildings.

Property Analytics

Current Use

Modani Furniture Furniture & Home Goods

Suggested Use

Top Pick Auto Parts Store Butcher (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Market

Lease Benchmarks for New York, NY

$54.13 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
148,527 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Full building opportunity in high-traffic area near subway.
Where is this office building located?
The property is located at 942 3rd Ave New York, NY.
What are key features of this property?
This property features: Rare full building opportunity.; High visibility from 57th Street.; Heavily trafficked corridor with dense residential and office buildings.
(516) 808-6794 Call to check price and availability
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