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    166 5Th Ave New York, NY 10010

    For Lease
    $49 SF/Yr ($15,516 /Mo)

    Prime Flatiron location, ideal for retail or office use.

    Property size:
    3,800 SF
    Lot size:
    0.08 Acres

    Property Features for 166 5Th Ave

    General Information

    Size
    3,800 SF
    Lot size
    0.08 Acres

    Source: Redwood Property Group Agent Eli Someck

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

    Overview

    Fifth Avenue Retail/Office Space

    This property, designed by Parfitt Brothers and constructed in 1900, features full floor tenant spaces with large windows overlooking Fifth Avenue and skylights. Located in the Flatiron District, the owner-managed property is suitable for semi-retail or office use. The column-free space includes hardwood floors, exposed brick, 9'2" ceilings, and new LED lights. It also features two skylights and a 24/7 tenant-controlled air conditioning system with energy-efficient mini-splits. The landlord offers build-to-suit options for qualified tenants. The space formerly housed LL Studio Yoga and includes private bathrooms and signage potential.
    Insight Report Location Intelligence

    Current Use by Public Records

    EILEEN FISHER Clothing Store Dr. Samuel J. ... Plastic Surgeon Tidal Force VR Tourist Attraction William Levis, MD Medical Spa Genet M. Defazio, ... Physician Assistant

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon 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
    -73.9904583
    Latitude
    40.740654

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    FAQs

    What type of property is this?
    Retail space - Prime Flatiron location, ideal for retail or office use.
    Where is this retail space located?
    The property is located at 166 5Th Ave New York, NY.
    What is the lease rate?
    The lease rate is $49 SF/Yr.
    What are key features of this property?
    This property features: - Prime Flatiron location with Fifth Avenue frontage and signage potential.; - Column-free space with build-to-suit opportunity.; - 24/7 tenant-controlled A/C via energy-efficient mini-split system.
    (917) 335-4948
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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
    166 5Th Ave New York, NY 10010
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