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    1856 Park Avenue New York, NY 10035

    For Lease
    Contact for pricing

    High-traffic retail space, multiple units available.

    Lot size:
    23,955 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail property at 1856 Park Avenue in New York County offers a unique opportunity for businesses seeking prime Manhattan location. The building boasts a total of 23,955 square feet of commercial space, currently entirely vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 1,595 square feet to a maximum contiguous space of 9,046 square feet. This flexibility allows for businesses of various sizes to find the perfect fit. The property's high-traffic location on Park Avenue ensures significant foot traffic and visibility, making it an ideal location for a variety of retail ventures. The entire 23,995 square feet of vacant space presents a rare opportunity to establish a flagship location or create a multi-tenant retail center. The property's classification as commercial retail, combined with its size and location, makes it a highly desirable investment for discerning businesses seeking a prominent presence in a vibrant and affluent neighborhood. Serious inquiries are encouraged to explore the possibilities of this exceptional retail space. Contact us today to schedule a viewing and discuss your business needs.

    Property Features for 1856 Park Avenue

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,955 SF

    Unit(s) available at that property

    Space
    Second Floor
    Size
    1,595 SF
    Space
    Mezzanine
    Size
    5,946 SF
    Space
    Lower Level
    Size
    7,408 SF
    Space
    Ground Floor
    Size
    9,046 SF

    HighLights

    • 23,955 square foot retail building in New York County.
    • Multiple tenant spaces available.
    • Units range from 1,595 to 9,046 contiguous square feet.
    • Entire building (23,995 square feet) is currently vacant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -73.9385023
    Latitude
    40.8064727

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, multiple units available.
    Where is this retail property located?
    The property is located at 1856 Park Avenue New York, NY.
    What are key features of this property?
    This property features: 23,955 square foot retail building in New York County.; Multiple tenant spaces available.; Units range from 1,595 to 9,046 contiguous square feet.
    Request Owner's contact information
    1856 Park Avenue New York, NY 10035
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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
    1856 Park Avenue New York, NY 10035
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