Corner Retail Building Development
For Sale
Contact for pricing
Pending
676 6th Ave, New York, NY 10010
Multi-tenant retail building on a corner, currently leased to a liquor store, lounge, and T-Mobile.
Property Size7,200 SF
Days on Market112
Property Features for 676 6th Ave
General Information
Standard status
Pending
Size
7,200 SF
Property subtype
Special Purpose
Listing Agency:
All Island Estates Realty Corporation
Listed By:
Matthew Shane · License #NY 10311207810
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Jul 29 at 6:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of All Island Estates Realty Corporation
Investment Insights
Based on property information with market context.
This corner retail building/development site totals 7,200 square feet and is currently occupied by a liquor store, lounge, and T-Mobile. The property features high ceilings and on-site signage, with revenue attributed to the liquor store, lounge, and T-Mobile per the owner’s figures. Roof income is listed as $200,000 (available). The owner notes that T-Mobile’s cell tower lease has expired and that cell companies are actively seeking a lease.
Per the public remarks, the building is located at 676 6th Ave on the corner of 6th Avenue and W. 21st Street, approximately two blocks from Madison Square Park, with nearby retail neighbors including Best Buy, Bounce, Michael’s, McDonald’s, and Trader Joe’s.
The owner states that, in addition to the existing structure, another 4.5 stories (14,500 square feet) may be developable. Pro forma gross income is reported as $899,644, with total expenses of $182,000 resulting in pro forma net operating income (NOI) of $717,644, including insurance and taxes as listed in the remarks.
Per the public remarks, the building is located at 676 6th Ave on the corner of 6th Avenue and W. 21st Street, approximately two blocks from Madison Square Park, with nearby retail neighbors including Best Buy, Bounce, Michael’s, McDonald’s, and Trader Joe’s.
The owner states that, in addition to the existing structure, another 4.5 stories (14,500 square feet) may be developable. Pro forma gross income is reported as $899,644, with total expenses of $182,000 resulting in pro forma net operating income (NOI) of $717,644, including insurance and taxes as listed in the remarks.
Key Highlights
- 7,200 SF corner retail building/development site at 6th Avenue & W. 21st Street, 2 blocks from Madison Square Park
- Current tenants include a liquor store, lounge, and T‑Mobile
- T‑Mobile cell tower lease expired; cell companies are seeking a new lease
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
59,449
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 10010, NY
33,991
Population
19,014
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
0.4 sq mi
ZIP Area
84,978
Density / Sq Mi
$156,127
Median Household Income
$109,691
Median Earnings
$3,113
Median Rent
$1,037,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - Multi-tenant retail building on a corner, currently leased to a liquor store, lounge, and T-Mobile.
Where is this storefront property located?
The property is located at 676 6th Ave New York, NY.
What are key features of this property?
This property features: 7,200 SF corner retail building/development site at 6th Avenue & W. 21st Street, 2 blocks from Madison Square Park; Current tenants include a liquor store, lounge, and T‑Mobile; T‑Mobile cell tower lease expired; cell companies are seeking a new lease
