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    218 57Th St New York, NY 10019

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    For Lease
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    6,675 SF Retail Space - New York City

    Lot size:
    6,675 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,675-square-foot retail space is ideally situated at 218 West 57th Street in the heart of New York City, New York County, zip code 10019. The entire space is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building. The property is classified as commercial retail with multiple tenancy capabilities, although currently, the entire space is available for lease. This presents a blank canvas for a business seeking high visibility and significant square footage in a bustling Manhattan location. The property's address is 218 West 57th Street, offering excellent access to public transportation and a high volume of pedestrian traffic. The building's total square footage mirrors the vacant square footage, indicating a completely available space ready for immediate occupancy. This presents a rare opportunity to establish a flagship location or expand an existing business in a prime Manhattan commercial district. The property's location within New York County ensures access to a diverse and affluent customer base. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. The property is ready for immediate lease and offers a significant footprint for a variety of retail concepts. The address is easily accessible and highly visible, ensuring maximum exposure for any business.

    Property Features for 218 57Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,675 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    6,675 SF

    HighLights

    • 6,675 SF vacant retail space at 218 West 57th Street, NYC, zip code 10019.
    • High ceilings.
    • Two drive‑in bays.
    • 60‑foot frontage.
    • 20‑foot ceiling height.
    Property Profile Location Intelligence

    Current Use by Public Records

    Doing / Living Marketplace Health And Beauty Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9812406
    Latitude
    40.7657112

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    FAQs

    What type of property is this?
    Retail property - 6,675 SF Retail Space - New York City
    Where is this retail property located?
    The property is located at 218 57Th St New York, NY.
    What are key features of this property?
    This property features: 6,675 SF vacant retail space at 218 West 57th Street, NYC, zip code 10019.; High ceilings.; Two drive-in bays.
    Request Owner's contact information
    218 57Th St New York, NY 10019
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    New York, NY 10019
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    218 57Th St New York, NY 10019
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