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    51St St New York, NY 10022

    For Lease
    Contact for pricing

    NYC Retail: 1,353-2,041 SF Available

    Lot size:
    3,394 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail opportunity is located at 170 East 51st Street in the heart of Midtown East, New York, NY 10022. The property offers a total of 3,394 square feet of retail space, currently entirely vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 1,353 square feet to a maximum contiguous space of 2,041 square feet. This presents a unique chance for businesses seeking flexible space in a highly desirable location. The building's prime location in New York County provides excellent visibility and accessibility, benefiting from high foot traffic and proximity to major transportation hubs. The address, E 51st St, places the property within a vibrant commercial district, offering significant potential for growth and success. This is an ideal space for a variety of retail uses, providing ample room for a single tenant or the possibility of dividing the space to accommodate multiple businesses. The entire 3,394 square feet is currently vacant, allowing for complete customization to suit a tenant's specific needs. Interested parties are encouraged to inquire about lease terms and conditions. This is a rare opportunity to secure a prominent retail presence in one of Manhattan's most sought-after neighborhoods.

    Property Features for 0 51St St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,394 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    1,353 SF
    Space
    Lower Level
    Size
    2,041 SF

    HighLights

    • High ceilings.
    • Excellent ventilation.
    • Previously part of the Treehaus building.
    • Situated in a high‑density office district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9704172
    Latitude
    40.7565061

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    FAQs

    What type of property is this?
    Retail property - NYC Retail: 1,353-2,041 SF Available
    Where is this retail property located?
    The property is located at 51St St New York, NY.
    What are key features of this property?
    This property features: High ceilings.; Excellent ventilation.; Previously part of the Treehaus building.
    Request Owner's contact information
    51St St New York, NY 10022
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    New York, NY 10022
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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
    51St St New York, NY 10022
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