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    417 44Th St New York, NY 10036

    Sponsored
    For Lease
    $67 SF/Yr ($13,958 /Mo)

    2,500 SF Retail/Industrial Space

    Lot size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,500-square-foot commercial space at 417 West 44th Street in New York City's vibrant Hell's Kitchen neighborhood presents a unique investment opportunity. The property, located in New York County (zip code 10036), offers versatile single-tenant occupancy ideal for a variety of uses. Currently vacant, the space boasts a flexible layout suitable for retail, industrial, gallery, workshop, or even restaurant/cafe operations. Key features include high ceilings, substantial frontage, and convenient drive-in access via a large front gate, allowing for easy loading and unloading. A full basement adds significant storage capacity. The ground floor location on a busy street within Hell's Kitchen ensures high visibility and foot traffic, making it an attractive proposition for businesses seeking a prominent Manhattan presence. This property offers a rare chance to secure a unique and adaptable space in one of Manhattan's most dynamic and sought-after areas. The property is classified as Retail and Industrial, with subtypes including Flex, Warehouse, Gallery, Retail Store, and Workshop.

    Property Features for 417 44Th St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,500 SF
    Total Rate
    13958.33

    Unit(s) available at that property

    Space
    Available Ground Retail
    Size
    2,500 SF
    Rate per SF
    $67

    HighLights

    • 2,500‑square‑foot commercial space at 417 West 44th Street, New York, NY 10036.
    • Versatile single‑tenant occupancy, ideal for retail, industrial, gallery, workshop, or restaurant/cafe.
    • High ceilings, substantial frontage, and convenient drive‑in access.
    • Full basement for ample storage.
    • Ground floor location in Hell's Kitchen offers high visibility and foot traffic.
    • Currently vacant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Omg Contract Inc. General Contractor

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Grocery Store Daycare Center Law Firm

    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
    -73.9925756
    Latitude
    40.7602574

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    FAQs

    What type of property is this?
    Individual retail property - 2,500 SF Retail/Industrial Space
    Where is this individual retail property located?
    The property is located at 417 44Th St New York, NY.
    What is the lease rate?
    The lease rate is $67 SF/Yr.
    What are key features of this property?
    This property features: 2,500-square-foot commercial space at 417 West 44th Street, New York, NY 10036.; Versatile single-tenant occupancy, ideal for retail, industrial, gallery, workshop, or restaurant/cafe.; High ceilings, substantial frontage, and convenient drive-in access.
    Request Owner's contact information
    417 44Th St New York, NY 10036
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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
    417 44Th St New York, NY 10036
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