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    1379 Lexington Ave New York, NY 10128

    For Lease
    $240,000

    Prime NYC Retail, Move-In Ready

    Lot size:
    1,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1,300 sq ft retail space, located at 1379 Lexington Avenue in New York, NY 10128, is ideally situated for immediate occupancy. The property boasts a fully built-out salon configuration, making it perfect for a variety of businesses. The ground floor offers approximately 1,300 square feet with 10'10" ceilings, while a 750 sq ft basement provides additional space. The building features impressive frontage, measuring 45 feet on East 91st Street and 27 feet on Lexington Avenue, ensuring high visibility and accessibility. The space is adaptable to various uses and has the capability for ventilation systems. The monthly rent is $20,000, and lease terms are negotiable. This prime location in New York County offers unparalleled access to a vibrant and affluent clientele. The property is currently configured as a hair salon, but all uses will be considered. Don't miss this opportunity to secure a remarkable retail space in one of Manhattan's most desirable neighborhoods.

    Property Features for 1379 Lexington Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,300 SF
    Total Rate
    240000

    Unit(s) available at that property

    Space
    Size
    1,300 SF
    Rate per SF
    $240,000

    HighLights

    • 1,300 sq ft retail space at 1379 Lexington Avenue, New York, NY 10128, ready for immediate occupancy.
    • Fully built‑out salon configuration, adaptable to various uses.
    • Ground floor: 1,300 sq ft with 10'10" ceilings; 750 sq ft basement.
    • High visibility with 45 ft frontage on E 91st St and 27 ft on Lexington Ave.
    • $20,000/month rent, negotiable lease terms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Portia Franklin, LCSW Social Worker Burgundy Color Bar Hair Salon Dorothy's Day Spa Day Spa

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market 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
    -73.9531922
    Latitude
    40.7825187

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    FAQs

    What type of property is this?
    Retail property - Prime NYC Retail, Move-In Ready
    Where is this retail property located?
    The property is located at 1379 Lexington Ave New York, NY.
    What is the lease rate?
    The lease rate is $240,000.
    What are key features of this property?
    This property features: 1,300 sq ft retail space at 1379 Lexington Avenue, New York, NY 10128, ready for immediate occupancy.; Fully built-out salon configuration, adaptable to various uses.; Ground floor: 1,300 sq ft with 10'10" ceilings; 750 sq ft basement.
    Request Owner's contact information
    1379 Lexington Ave New York, NY 10128
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    New York, NY 10128
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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
    1379 Lexington Ave New York, NY 10128
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