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    787 1St Ave New York, NY 10009

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    For Lease
    Contact for pricing

    Corner retail space with high visibility near the United Nations.

    Property size:
    4,737 SF
    Lot size:
    0.42 Acres

    Property Features for 787 1St Ave

    General Information

    Size
    4,737 SF
    Lot size
    0.42 Acres

    Source: Cushman & Wakefield | Midtown Manhattan Agent Kenji Ota

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

    Overview

    Prime Retail Space Near UN

    This retail space, formerly a Chase Bank and Chase Bank Private Client location, is situated directly across from the United Nations. The corner property features approximately 100 feet of wraparound frontage. The space offers a potential mezzanine area for a tenant and is ideally suited for a bank. The property encompasses a total area of 4,737 square feet.
    Location Intelligence

    Current Use by Public Records

    Banks

    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
    -73.9685029
    Latitude
    40.7509689

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    FAQs

    What type of property is this?
    Bank - Corner retail space with high visibility near the United Nations.
    Where is this bank located?
    The property is located at 787 1St Ave New York, NY.
    What are key features of this property?
    This property features: - Directly located across from the United Nations; - **Corner property with 100’ of wraparound frontage**; - Former Chase Bank and Chase Bank Private Client
    (212) 841-7500
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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
    787 1St Ave New York, NY 10009
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