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    328 59Th St New York, NY 10022

    For Lease
    Contact for pricing

    680 SF Retail Space - NYC - For Lease

    Lot size:
    680 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 680-square-foot retail space is ideally situated at 328 East 59th Street in New York City, New York County, zip code 10022. The property is a single-tenant space, offering complete flexibility for a wide range of retail businesses. The entire 680 square feet is currently vacant and ready for immediate occupancy. This presents a unique opportunity for a business seeking a high-visibility location in a vibrant and densely populated area of Manhattan. The property's classification is commercial retail, making it suitable for a variety of uses, subject to any necessary permits and approvals. Its location on East 59th Street provides excellent street-level exposure to high pedestrian and vehicular traffic. The property is easily accessible via various public transportation options, further enhancing its appeal to both businesses and customers. This is a rare opportunity to secure a prime retail space in a highly desirable Manhattan location. The address is precisely 328 East 59th Street, New York, NY 10022, with coordinates 40.7599813 latitude and -73.9631296 longitude. Serious inquiries are encouraged to explore this exceptional leasing opportunity. The property is available for lease.

    Property Features for 328 59Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    680 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    680 SF

    HighLights

    • Excellent residential location with high density.
    • Prime retail proximity: half a block from Trader Joe's and TJ Maxx.
    • High pedestrian traffic generates strong visibility.
    • Across from the newly renovated Honey Locust Park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    T-Gardens New York ... Hair Salon

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Law Firm Dental Office 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
    -73.9631296
    Latitude
    40.7599813

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    FAQs

    What type of property is this?
    Retail property - 680 SF Retail Space - NYC - For Lease
    Where is this retail property located?
    The property is located at 328 59Th St New York, NY.
    What are key features of this property?
    This property features: Excellent residential location with high density.; Prime retail proximity: half a block from Trader Joe's and TJ Maxx.; High pedestrian traffic generates strong visibility.
    Request Owner's contact information
    328 59Th St 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
    328 59Th St New York, NY 10022
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