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    480 Park Avenue New York, NY 10022

    For Lease
    Contact for pricing

    1,530 SF Street Retail - NYC

    Lot size:
    1,530 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1,530-square-foot street retail space at 480 Park Avenue in New York City presents a unique leasing opportunity. Located in New York County, this single-tenant property offers unparalleled visibility and accessibility within a vibrant and affluent neighborhood. The entire space is currently vacant, providing a blank canvas for a discerning tenant to create their ideal retail environment. The property's address, 480 Park Avenue, places it in a high-traffic area with significant pedestrian and vehicular flow, ensuring maximum exposure to potential customers. The property type is classified as street retail, guaranteeing direct street frontage and optimal visibility. The building's total square footage mirrors the vacant space, indicating a single-tenant occupancy. This presents a rare chance to secure a prominent retail location in one of Manhattan's most prestigious addresses. The zip code is 10022, further emphasizing the prime location within a highly sought-after area of New York City. This property is ideal for a variety of retail businesses seeking a high-profile location with excellent foot traffic and visibility. The opportunity to lease this entire space allows for complete customization and branding, ensuring a unique and impactful retail presence. Serious inquiries are encouraged to explore this exceptional retail space.

    Property Features for 480 Park Avenue

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,530 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    1,530 SF

    HighLights

    • 1,530 SF street retail space at 480 Park Avenue, NYC (10022).
    • Fully built‑out retail space with ample frontage across from the Four Seasons Hotel.
    • Visibility from Park and Madison Avenues.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Dental Office Clothing Store Food Market Law Firm 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
    -73.97066
    Latitude
    40.7627259

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    FAQs

    What type of property is this?
    Individual retail property - 1,530 SF Street Retail - NYC
    Where is this individual retail property located?
    The property is located at 480 Park Avenue New York, NY.
    What are key features of this property?
    This property features: 1,530 SF street retail space at 480 Park Avenue, NYC (10022).; Fully built-out retail space with ample frontage across from the Four Seasons Hotel.; Visibility from Park and Madison Avenues.
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    480 Park Avenue New York, NY 10022
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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
    480 Park Avenue New York, NY 10022
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