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Retail Space with Four Window Bays
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1170 Lexington Ave, New York, NY 10028

Retail premises are being demolished and whiteboxed, with four window bays along Lexington Avenue.

Property Size2,430 SF
Days on Market727

Property Features for 1170 Lexington Ave

General Information

Standard status Active
Size 2,430 SF
Property subtype RETAIL

Additional Details

Space Use Retail
Listing Agency: RIPCO Real Estate - Corporate
Listed By: Richard Skulnik
Source: Moodyscre
Added: Aug 5, 2024 Changed: Jul 30 Last Checked: Aug 1 at 6:39AM

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 RIPCO Real Estate - Corporate

Investment Insights

Based on property information with market context.

Retail premises at 1170 Lexington Ave are being demolished and whiteboxed by the landlord, creating space that can be finished for a new tenant’s buildout. The location is configured with wide frontage and four window bays facing Lexington Avenue, helping provide strong storefront presentation.

This section of Lexington is described as having consistent foot traffic as people move between destinations and mass transportation at 86th Street and 77th Street. The property is sized at 2,430 square feet.

The combination of a whitebox delivery and multiple storefront window bays can support retail users that benefit from visibility and walk-in activity.

Key Highlights

  • Landlord demolition and whitebox in progress for new tenant buildout
  • Wide frontage with four window bays on Lexington Avenue
  • 1,170 Lexington Ave retail space sized 2,430 SF

Property Analytics

Current Use

Apple Bank ATM Atm

Suggested Use

Top Pick Law Firm Auto Repair Shop Accounting Firm Daycare Center Barber Shop Kitchen & Bath Showroom

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

79,335
Businesses Nearby

Demographics for 10028, NY

48,116
Population
29,535
Households
1.6
Avg Household Size
39
Median Age
83%
College-Educated
98%
High-School Grad
0.3 sq mi
ZIP Area
160,387
Density / Sq Mi
$168,125
Median Household Income
$116,860
Median Earnings
$2,702
Median Rent
$1,600,400
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail premises are being demolished and whiteboxed, with four window bays along Lexington Avenue.
Where is this retail space located?
The property is located at 1170 Lexington Ave New York, NY.
What are key features of this property?
This property features: Landlord demolition and whitebox in progress for new tenant buildout; Wide frontage with four window bays on Lexington Avenue; 1,170 Lexington Ave retail space sized 2,430 SF
(212) 750-0756 Call to check price and availability
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