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    605 42Nd St New York, NY 10036

    For Lease
    Contact for pricing

    9,237 SF Store Front - Available Now

    Lot size:
    9,237 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 9,237-square-foot retail space is ideally situated at 605 West 42nd Street in New York City, New York County, zip code 10036. The property is a single-tenant storefront offering unparalleled visibility and accessibility. Located at the base of Sky, a 1,175-unit luxury residential building developed by the Moinian Group, this retail space benefits from a high volume of foot traffic and a densely populated residential catchment area. The entire 9,237 square feet is currently vacant and ready for immediate occupancy, providing a blank canvas for a wide range of retail concepts. The property's prime location in Manhattan offers excellent exposure to both residents and tourists, making it an ideal opportunity for businesses seeking a high-traffic location. The address is 605 W 42nd St, New York, NY 10036. This property presents a unique chance to establish a thriving retail presence in a vibrant and rapidly developing neighborhood. The building's association with a luxury residential complex ensures a consistent flow of potential customers. This is a rare opportunity to secure a substantial retail space in a highly desirable location within New York City. The property's size and location make it suitable for a variety of retail uses. Serious inquiries are encouraged.

    Property Features for 605 42Nd St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,237 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    9,237 SF

    HighLights

    • 9,237 SF vacant retail space at 605 W 42nd St, NYC, 10036.
    • Co‑tenancy with Volvo and Life Time Fitness.
    • Proximity to numerous luxury auto brands (Mercedes, Porsche, Mini, etc.).
    • Over 6,500 new luxury apartments nearby.
    • Excellent location near Hudson Yards, Gotham Market, and other major attractions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Life Time Gym Schwartz Business Advisors Business Management Consultant City Parking Parking Garage The Sawmill Club Business To Business Service Speedy Sticks (605 ... Medical Laboratory

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -73.9986128
    Latitude
    40.7614804

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    FAQs

    What type of property is this?
    Individual retail property - 9,237 SF Store Front - Available Now
    Where is this individual retail property located?
    The property is located at 605 42Nd St New York, NY.
    What are key features of this property?
    This property features: 9,237 SF vacant retail space at 605 W 42nd St, NYC, 10036.; Co-tenancy with Volvo and Life Time Fitness.; Proximity to numerous luxury auto brands (Mercedes, Porsche, Mini, etc.).
    Request Owner's contact information
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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
    605 42Nd St New York, NY 10036
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