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Ground-Floor Retail and Daycare
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1321 5th Ave, New York, NY 10029

Ground-floor retail/dycare space with landlord-provided work for qualified tenants on long-term deals.

Property Size6,926 SF
Days on Market1265

Property Features for 1321 5th Ave

General Information

Standard status Active
Size 6,926 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 26 Last Checked: Aug 1 at 12:34PM

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 is a ground-floor retail space that also supports daycare use, positioned as the only built ground-floor daycare option in the immediate neighborhood. The offering is intended for long-term tenants, with the landlord stating it will provide work for qualified tenants.

The space is located on 5th Avenue between 111th and 112th Street, in a trade area described as having strong vertical density and numerous high-end condo and residential developments. The remarks also note proximity to Central Park.

As presented, the property is configured as a ground-floor space, with high-end condos indicated upstairs.

Key Highlights

  • Ground‑floor retail/daycare space in the neighborhood
  • Landlord will provide work for qualified tenants on long‑term deals
  • Prime retail location between 111th and 112th Street along 5th Ave

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
$8.25 /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 retail/dycare space with landlord-provided work for qualified tenants on long-term deals.
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 $55 SF/Yr.
What are key features of this property?
This property features: Ground‑floor retail/daycare space in the neighborhood; Landlord will provide work for qualified tenants on long‑term deals; Prime retail location between 111th and 112th Street along 5th Ave
(212) 984-7117 Call to check price and availability
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