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    301 E 48Th St New York, NY 10036

    For Lease
    $10,500 /Mo ($117 SF/Yr)

    Retail space in a dense residential area with high foot-traffic.

    Property size:
    1,072 SF
    Lot size:
    0.43 Acres

    Property Features for 301 E 48Th St

    General Information

    Size
    1,072 SF
    Lot size
    0.43 Acres

    Source: Friedland Properties Agent Sylvie Shames

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

    Overview

    Corner Retail Space Available

    This corner retail space, previously occupied by Ocean First Bank, is located within a dense residential area and experiences heavy foot traffic. Co-tenants in the building include Morton Williams, Metro by T-Mobile, and Remi Flowers & Coffee. The space is suitable for dry uses only and has a size of 1072 square feet.
    Location Intelligence

    Current Use by Public Records

    Marlo Tower Owners ... Property Management Company Alan Krinsky Associates Business Management Consultant Orvieto4Ever Event Planner City Safe & Vault Store City Safe Safe & Vault Shop

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Food Market Dental Office Grocery Store Clothing 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
    -73.9690685
    Latitude
    40.7535801

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    FAQs

    What type of property is this?
    Bank - Retail space in a dense residential area with high foot-traffic.
    Where is this bank located?
    The property is located at 301 E 48Th St New York, NY.
    What is the lease rate?
    The lease rate is $117 SF/Yr.
    What are key features of this property?
    This property features: - Heavy foot traffic ensures great visibility for your business.; - Prime corner retail location.; - Located in a dense residential area.
    (212) 744-3300
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    301 E 48Th St New York, NY 10036
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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
    301 E 48Th St New York, NY 10036
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