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Built-Out Daycare Retail Space
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1321 5th Ave, New York, NY 10029

Ground-floor daycare space with built-out school improvements in a retail setting along 5th Avenue.

Property Size1,838 SF
Days on Market1265

Property Features for 1321 5th Ave

General Information

Standard status Active
Size 1,838 SF
Property subtype RETAIL
Lease Type SF/yr
Listing Agency: CBRE | Midtown Manhattan
Listed By: Paul Walker
Source: Moodyscre
Added: Feb 14, 2023 Changed: Jul 28 Last Checked: Aug 1 at 1:17PM

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 CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

This offering is a built-out ground-floor daycare and school space designed for child-focused operations within a retail environment. The space is specifically constructed as daycare/school use and is available for long-term tenancy, with the landlord indicating they will provide work to qualified tenants.

Located on 5th Avenue between 111th and 112th Street, the space benefits from nearby vertical residential development, including high-end condos upstairs in the immediate area. The remarks also cite proximity to Central Park.

The premises are intended to support daycare programming in an established retail address, with the building offering upper-level residential units while the ground floor is dedicated to the built daycare use.

Key Highlights

  • Built‑out ground‑floor daycare/school space in a retail setting along 5th Avenue
  • Prime retail location between 111th and 112th Street along 5th Ave
  • High‑end condos upstairs

Property Analytics

Current Use

Day care centers

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Accounting Firm Electrical Service Big Box & Wholesale Store

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
$9.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

8,504
Businesses Nearby
Balanced
Demand for This Use

Demographics for 10029, NY

78,141
Population
36,955
Households
2.1
Avg Household Size
36
Median Age
36%
College-Educated
78%
High-School Grad
1.2 sq mi
ZIP Area
65,118
Density / Sq Mi
$38,308
Median Household Income
$41,951
Median Earnings
$1,183
Median Rent
$818,100
Median Home Value

Market

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
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Similar Off Market Nearby

  • New York City Housing Authority's Metro North Plaza Day Care Center — 304 E 102nd St, New York, NY 10029
  • Imagine Early Learning Centers @ Mt. Sinai — 60 E 97th St, New York, NY 10029
  • Evelyn Green Davis Child Care Center — 60 E 97th St, New York, NY 10029
  • Metrokids Preschool - Lexington Upper East Side School — 1501 Lexington Ave, New York, NY 10029
  • La Scuola d'Italia New York — 12 E 96th St, New York, NY 10128

Frequently Asked Questions

What type of property is this?
Day care center - Ground-floor daycare space with built-out school improvements in a retail setting along 5th Avenue.
Where is this day care center located?
The property is located at 1321 5th Ave New York, NY.
What is the lease rate?
The lease rate is $60 SF/Yr.
What are key features of this property?
This property features: Built‑out ground‑floor daycare/school space in a retail setting along 5th Avenue; Prime retail location between 111th and 112th Street along 5th Ave; High‑end condos upstairs
(212) 984-7117 Call to check price and availability
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