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    10 39Th St New York, NY 10016

    Sponsored
    For Lease
    $85 SF/Yr

    Restaurant-Ready, 2986 sq ft, Midtown East

    Lot size:
    2,986 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail space, located on East 38th Street in the heart of Midtown Manhattan, presents a truly remarkable opportunity for a discerning tenant. Boasting a generous 2,986 square feet, this single-tenant property offers a versatile ground floor layout complemented by a mezzanine level, providing ample space for a variety of uses. The property is ideally suited for a restaurant or food-related business, with existing infrastructure already in place. Specifically, the space is equipped for ventilation and has a gas connection, significantly reducing the initial setup costs and time required for a new business. Its prime Midtown East location ensures high foot traffic and excellent visibility, making it an ideal spot to establish or expand a successful enterprise. The building's strategic location offers easy access to major transportation hubs, ensuring convenient access for both employees and customers. This is a rare chance to secure a well-appointed, fully functional space in one of Manhattan's most desirable commercial districts. The property's size and features make it an attractive option for a variety of food-service concepts, from casual dining to upscale restaurants. Don't miss this chance to secure a prime location in a thriving commercial area. This property is available for immediate occupancy. Inquire today to learn more about this exceptional opportunity.

    Property Features for 10 39Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,986 SF

    Unit(s) available at that property

    Space
    Size
    2,986 SF
    Rate per SF
    $85

    HighLights

    • Prime Midtown Manhattan retail space.
    • Single‑tenant restaurant space available.
    • 2,986 square feet, ground floor plus mezzanine.
    • Food use permitted, gas and venting capabilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Law Office of Khari ... Business Development Service Digital Media Services, ... Video Production Service NGL Contracting General Contractor Responsive Ad Website Designer Manhattan Traveling Notary Notary Public

    Suggested Use

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

    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
    -73.9816089
    Latitude
    40.7510646

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    FAQs

    What type of property is this?
    Restaurant - Restaurant-Ready, 2986 sq ft, Midtown East
    Where is this restaurant located?
    The property is located at 10 39Th St New York, NY.
    What is the lease rate?
    The lease rate is $85 SF/Yr.
    What are key features of this property?
    This property features: Prime Midtown Manhattan retail space.; Single-tenant restaurant space available.; 2,986 square feet, ground floor plus mezzanine.
    Request Owner's contact information
    10 39Th St New York, NY 10016
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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
    10 39Th St New York, NY 10016
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