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    27 E 61St St New York, NY 10065

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    For Lease
    Contact for pricing

    Under construction townhome near luxury retail corridor in Midtown East.

    Property size:
    1,450 SF
    Lot size:
    0.08 Acres

    Property Features for 27 E 61St St

    General Information

    Size
    1,450 SF
    Lot size
    0.08 Acres

    Source: Acadia Realty Trust - Corporate Agent Tracey Mitnick

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

    Overview

    Luxury Retail Space Midtown East

    A townhome is under construction at 27 East 61st Street, situated immediately east of Madison Avenue. This eight-level property is intended to house a flagship retail location, office or gallery space, and luxury flats. The property is positioned in the epicenter of the Midtown East luxury retail corridor, across the intersection from the former Barneys New York location and within three blocks of Bergdorf Goodman and Bloomingdales. Nearby retailers include Hermès, Graff Diamonds, Scully & Scully, Brunello Cucinelli, Beretta, and Church’s Shoes, all within a three-block radius. Illustrious hotels such as The Pierre, The Sherry-Netherland, The Plaza, The Lowell, and the Loews Regency are located near the townhome, along with restaurants Nello and Daniel. The property offers 1450 square feet of space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Tanenbaum Services Employment Agency Lollipop Restaurant

    Suggested Use

    Restaurant Realty agency Spa & Massage Law Firm Hair Salon Dental Office 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
    -73.9700106
    Latitude
    40.7647616

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    FAQs

    What type of property is this?
    Retail space - Under construction townhome near luxury retail corridor in Midtown East.
    Where is this retail space located?
    The property is located at 27 E 61St St New York, NY.
    What are key features of this property?
    This property features: - Prime location in the heart of Midtown East's luxury retail corridor, near Madison Avenue.; - Close proximity to high-end retailers such as Hermès, Graff Diamonds, and Bergdorf Goodman.; - Features a flagship retail location, office or gallery space and luxury flats.
    (800) 227-5570
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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
    27 E 61St St New York, NY 10065
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