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    1400 5Th Ave New York, NY 10026

    Sponsored
    For Lease
    Contact for pricing

    Multiple units, 6,413 SF vacant

    Lot size:
    20,142 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail property at 1400 5th Avenue in Harlem, New York, offers a unique investment opportunity. Located in New York County, this multi-tenant building boasts a total of 20,142 square feet, with 6,413 square feet currently vacant and available for lease. The property is categorized as commercial retail space and allows for flexible tenancy arrangements. Individual spaces range from a minimum of 1,400 square feet to a maximum contiguous space of 2,593 square feet, providing options for businesses of various sizes. The building's address is 1400 5th Avenue, zip code 10026, situated in a vibrant and dynamic neighborhood. This presents a rare chance to secure a prominent retail presence in a high-traffic area of Harlem. The available space offers significant potential for a variety of retail concepts, benefiting from the area's strong demographics and growing commercial activity. With its strategic location and flexible space options, this property is an ideal choice for businesses seeking a thriving retail environment in the heart of New York City. The property's size and layout provide ample opportunity for customization to suit individual tenant needs. Serious inquiries are encouraged to explore this exceptional retail opportunity further.

    Property Features for 1400 5Th Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,142 SF

    Unit(s) available at that property

    Space
    Space A
    Size
    4,100 SF
    Space
    Space D Ground
    Size
    2,420 SF
    Space
    Space D Lower Level
    Size
    2,593 SF
    Space
    Space C Ground
    Size
    1,400 SF

    HighLights

    • High visibility on 116th Street.
    • Ground floor retail space in a 129‑unit condo building.
    • Excellent transit access: one block from the 2/3 trains, three blocks from the 6 train, and four blocks from the B/C trains.
    • Located in a high‑density residential area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Toth Developers Group Contractor Althera Medical Medical Clinic Care Plasma LLC Donations Center T-Mobile Cell Phone Store NoFeeBuyers Real Estate Consultant

    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
    -73.9469577
    Latitude
    40.8005472

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    FAQs

    What type of property is this?
    Retail property - Multiple units, 6,413 SF vacant
    Where is this retail property located?
    The property is located at 1400 5Th Ave New York, NY.
    What are key features of this property?
    This property features: High visibility on 116th Street.; Ground floor retail space in a 129-unit condo building.; Excellent transit access: one block from the 2/3 trains, three blocks from the 6 train, and four blocks from the B/C trains.
    Request Owner's contact information
    1400 5Th Ave New York, NY 10026
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    New York, NY 10026
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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
    1400 5Th Ave New York, NY 10026
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