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    86Th St New York, NY 10028

    For Lease
    $147 SF/Yr

    Prime Yorkville retail space, 2,000 sq ft.

    Lot size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail opportunity is located in the vibrant Yorkville neighborhood on East 86th Street. The space boasts approximately 2,000 square feet of retail area, perfect for a variety of uses. A fully built-out basement of roughly 800 square feet provides additional storage or operational space, complemented by a small rear yard. The property features a desirable in-line location amongst other retail establishments, ensuring high visibility and foot traffic. Conveniently situated near subway and bus lines, this location offers unparalleled accessibility. While the space underwent a gut renovation 15 years ago and has maintained a single tenant since, it is offered in as-is condition. The monthly rent is $24,500, translating to $147 per square foot. Lease terms are negotiable, and immediate possession is available. The listed rent includes a proportional share of utilities. Please note that all dimensions are approximate; for precise measurements, independent verification is recommended. All information provided is subject to change without notice.

    Property Features for 0 86Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,000 SF

    Unit(s) available at that property

    Space
    Size
    2,000 SF
    Rate per SF
    $147

    HighLights

    • 2,000 SF retail space on East 86th Street in Yorkville, Manhattan.
    • Single‑tenant occupancy.
    • $24,500 monthly rent ($147 per square foot).
    • Immediate possession available.
    • Lease terms are negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9503789
    Latitude
    40.7769876

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    FAQs

    What type of property is this?
    Retail property - Prime Yorkville retail space, 2,000 sq ft.
    Where is this retail property located?
    The property is located at 86Th St New York, NY.
    What is the lease rate?
    The lease rate is $147 SF/Yr.
    What are key features of this property?
    This property features: 2,000 SF retail space on East 86th Street in Yorkville, Manhattan.; Single-tenant occupancy.; $24,500 monthly rent ($147 per square foot).
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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
    86Th St New York, NY 10028
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