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    131 1St Ave New York, NY 10009

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    For Lease
    Contact for pricing

    Recently renovated retail space with high visibility in New York.

    Property size:
    1,000 SF
    Lot size:
    0.03 Acres

    Property Features for 131 1St Ave

    General Information

    Size
    1,000 SF
    Lot size
    0.03 Acres

    Source: Tri State Commercial Realty Agent Shlomi Bagdadi

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

    Overview

    Renovated Retail Space on Corner

    This is a recently renovated single-story commercial building situated on a corner, offering double exposure and excellent visibility. The property is located on a major thoroughfare with consistent pedestrian and vehicle traffic. The surrounding area features a thriving nightlife and culinary scene, offering a wide range of cuisines and welcoming new and creative culinary concepts. The diverse population includes long-term residents, students, and a steady influx of visitors, providing a broad customer base. The retail space includes access to a shared ADA-compliant bathroom on the ground floor. The ceiling height is 10 feet 8 inches. The property size is 1000 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Brooklyn Dumpling Shop Dumpling Restaurant Bitcoin ATM by ... Atm Aeolus salon Nail Salon

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market 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
    -73.9855544
    Latitude
    40.7275638

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    FAQs

    What type of property is this?
    Retail space - Recently renovated retail space with high visibility in New York.
    Where is this retail space located?
    The property is located at 131 1St Ave New York, NY.
    What are key features of this property?
    This property features: - Corner property with double exposure & excellent visibility; - Located on a major thoroughfare with consistent pedestrian & vehicle traffic; - Recently renovated single-story commercial building
    (718) 437-6100
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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
    131 1St Ave New York, NY 10009
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