Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1045 Lexington Ave New York, NY 10021

    For Lease
    $186 SF/Yr

    Prime Retail Space, High Traffic Area

    Lot size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional retail space, ideally situated on Lexington Avenue, offers a unique opportunity for a discerning business owner. The property boasts a flexible footprint ranging from 650 to 1000 square feet, perfect for a variety of retail concepts, quick-service restaurants, or beauty spas. Built in 1910, the building retains its character with attractive features including a glass frontage that maximizes natural light and street visibility. The interior comprises a main ground floor area and a small, interconnected basement, both featuring concrete floors. A convenient bathroom is included, along with windows at the rear of the space providing additional light and ventilation. The layout offers versatile options, with designated sitting areas at both the front and back, creating comfortable spaces for customers. Its prime location on a bustling retail corridor ensures high foot traffic and excellent visibility. The property's proximity to public transportation, including trains and buses, provides easy accessibility for both employees and customers. This is an exceptional opportunity to establish or expand a business in a vibrant and well-connected neighborhood. The space is available as a single-tenant occupancy.

    Property Features for 1045 Lexington Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000 SF

    Building Details

    Year Built
    1910

    Unit(s) available at that property

    Space
    Size
    1,000 SF
    Rate per SF
    $186

    HighLights

    • 650‑1,000 square foot retail space.
    • Single‑tenant occupancy.
    • Ground floor retail space with interconnected basement.
    • Features concrete floors, glass frontage, and a bathroom.
    • Excellent location on a retail corridor with convenient access to public transportation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Empire Edge Tutoring Service

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon 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
    -73.9608146
    Latitude
    40.7720733

    Nearby Similar for Lease

    • New
      $3,100 /Mo
      750 SF

      Park Avenue Commercial Space Available

      Commercial building with retail and office space for rent.
      1672 Park Avenue, New York, NY 10035
      View Details
    • $4,500 /Mo
      882 SF

      Dental Office in Chinatown

      882 sq ft dental office with equipment in Manhattan.
      2 Mott St, Manhattan, NY 10013
      View Details
    • $4,000 /Mo
      9,225 SF

      Versatile Loft in Prime Location

      Adaptable 900 sq. ft. commercial loft in NYC.
      7 W 20Th St, Manhattan, NY 10011
      View Details
    • $2,400 /Mo

      Office Space in Naco, Santo Domingo

      71 sq meter office space for rent in Naco.
      54 Av. Gustavo Mejía Ricart, New York, NY 10124
      View Details
    • New
      $2,600 /Mo

      Alphabet City Studio Apartment

      Charming, sun-filled studio in vibrant Alphabet City neighborhood.
      234 East 7Th St, New York, NY 10009
      View Details
    • $6,500 /Mo
      11 SF

      Office Space in Luxury Tower

      Partially furnished office space for rent in Santo Domingo.
      155 Av. Pedro Henríquez Ureña, New York, NY 10108
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space, High Traffic Area
    Where is this restaurant located?
    The property is located at 1045 Lexington Ave New York, NY.
    What is the lease rate?
    The lease rate is $186 SF/Yr.
    What are key features of this property?
    This property features: 650-1,000 square foot retail space.; Single-tenant occupancy.; Ground floor retail space with interconnected basement.
    Request Owner's contact information
    1045 Lexington Ave New York, NY 10021
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1045 Lexington Ave
    New York, NY 10021
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1045 Lexington Ave New York, NY 10021
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.