Listing Agency: Kassin Sabbagh Realty (KSR) a***@nmrk.com Show Phone

Listed By: Samuel Chera Show Phone

Source: Moodyscre

Added: Dec 19, 2024 Changed: Jul 10 Last Checked: Jul 21 at 4:43AM

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Investment Insights

Based on property information with market context.

This retail space, encompassing 300 square feet, is situated in a high foot traffic area within a dense residential neighborhood. The property is located steps away from Central Park, offering a potentially advantageous location for businesses.

Key Highlights

• Steps away from Central Park
• High foot traffic area
• Dense residential neighborhood

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Auto Repair Shop Accounting Firm Big Box & Wholesale Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

136

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for New York, NY

$89.62 /SF/Yr

Avg Asking Price

$12–$250 /SF/Yr

Price Range

2,906 SF

Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space for rent in high-traffic, residential area.

Where is this retail space located?

The property is located at 1263-1269 Madison Ave New York, NY.

What are key features of this property?

This property features: Steps away from Central Park; High foot traffic area; Dense residential neighborhood