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    125 23Rd St New York, NY 10010

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    For Sale
    Contact for pricing

    2,500 SF Retail Space Near Baruch College

    Property size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,500 square foot storefront retail space is ideally located at 125 E 23rd St in New York, NY 10010. Situated on the second floor, this versatile property boasts convenient access via both elevator and stairway, catering to diverse business needs. Previously used as a salon, the space offers significant potential for various retail ventures, including gyms and yoga studios. Its prime location benefits from a dense residential and office population, ensuring high foot traffic and visibility. The property enjoys an enviable position just one block from Madison Square Park and within close proximity to major mass transit hubs, providing unparalleled accessibility. The surrounding area is vibrant and bustling, with a strong mix of established businesses including Chipotle, Kung Fu Tea, Wendy's, NY Sports Club, Starbucks, Juice Generation, Baked by Melissa, Blank Street Coffee, 7-Eleven, About:Time Coffee, Just Salad, Equinox, and Dos Toros. Additional signage opportunities are available using the building's flag, further enhancing marketing potential. This is a truly remarkable opportunity to establish a thriving business in a highly sought-after New York City location.

    Property Features for 125 23Rd St

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,500 SF

    HighLights

    • 2,500 SF retail storefront in a prime New York City location.
    • Previously a salon; features elevator and stair access.
    • Excellent signage opportunities.
    • High‑density residential and office population; one block from Madison Square Park.
    • Close proximity to multiple subway lines.
    • Strong co‑tenancy including national and local brands.
    Property Profile Location Intelligence

    Current Use by Public Records

    VRTCL Entertainment Recording Studio Angeliki Pesiridou Psychiatrist Collaborative CBT Mental Health Clinic Chipotle Mexican Grill Mexican Restaurant Therapy2Change Psychologist

    Suggested Use

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

    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
    -73.9849625
    Latitude
    40.7398753

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    FAQs

    What type of property is this?
    Individual retail property - 2,500 SF Retail Space Near Baruch College
    Where is this individual retail property located?
    The property is located at 125 23Rd St New York, NY.
    What are key features of this property?
    This property features: 2,500 SF retail storefront in a prime New York City location.; Previously a salon; features elevator and stair access.; Excellent signage opportunities.
    Request Owner's contact information
    125 23Rd St New York, NY 10010
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    New York, NY 10010
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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
    125 23Rd St New York, NY 10010
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