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    24 22Nd St New York, NY 10010

    For Sale
    $1,925,000

    1,248 SF Retail/Industrial Space - Move-In Ready

    Property size:
    1,248 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,248-square-foot flex space at 24 E 22nd Street in New York City's vibrant NoMad neighborhood presents a unique investment opportunity. Priced at $1,925,000, this Class C property boasts a desirable M1-M5 zoning designation, offering considerable versatility for a range of commercial uses. The space features a striking fully glass storefront, ideal for maximizing visibility and attracting customers. With a generous 14-foot ceiling height, the interior provides ample room for customization and efficient layout planning. Currently vacant and move-in ready, this property is perfectly suited for an owner-user seeking a prime location. Its strategic position offers unparalleled accessibility, situated steps from the 23rd Street 6 subway line (4,766,220 annual ridership in 2022) and the 23rd Street R & W subway lines (3,645,349 annual ridership in 2022), ensuring high foot traffic and convenient commuting for employees and customers alike. This is a rare chance to acquire a well-located, versatile commercial property in a thriving New York City neighborhood. The property is located in New York County, NY, 10010.

    Property Features for 24 22Nd St

    General Information

    Property type
    Flex space
    Square Feet
    1,248 SF
    Class
    C

    HighLights

    • Move‑in ready, vacant 1,248 SF flex space.
    • Excellent owner‑user opportunity in prime NoMad location.
    • Fully glass storefront for maximum visibility.
    • Steps from 23rd Street 6 subway (4,766,220 annual ridership).
    • Steps from 23rd Street R/W subway (3,645,349 annual ridership).
    Property Profile Location Intelligence

    Current Use by Public Records

    24 E 22nd ... Condominium Complex DVRF (The Dennis & Victoria ... Non-Profit Organization M292s henry street ... School Miwa-Alex Salon Beauty Salon Oddfishie Designs Jewelry Designer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -73.9883367
    Latitude
    40.7399204

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    FAQs

    What type of property is this?
    Flex space - 1,248 SF Retail/Industrial Space - Move-In Ready
    Where is this flex space located?
    The property is located at 24 22Nd St New York, NY.
    What is the asking price?
    The asking price for this property is $1,925,000.
    What are key features of this property?
    This property features: Move-in ready, vacant 1,248 SF flex space.; Excellent owner-user opportunity in prime NoMad location.; Fully glass storefront for maximum visibility.
    Request Owner's contact information
    24 22Nd St New York, NY 10010
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    New York, NY 10010
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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
    24 22Nd St New York, NY 10010
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