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Third Avenue Retail Space Available
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935-951 3rd Ave, New York, NY

Retail space with mezzanine and high foot traffic.

Space Size1,700 SF
Lot Size0.69 Acres
Days on Market802

Property Features for 935-951 3rd Ave

General Information

Standard status Active
Size 1,700 SF
Lot size 0.69 Acres
Property subtype RETAIL

Site & Location

Neighborhood Midtown Manhattan

Spaces For Lease

at 935-951 3rd Ave
201 E 56th St $7,150/Mo
Floor Mezz
Size 1,700 SF
Type RETAIL
Availability AVAILABLE, Now
Sublease No
- Mezz. 1,700 SF, 45+ Ft. Front, with stairs & elevator - Term: 5-10 Yrs. - 63,303 Residents within 1/2 mil. - 2M Annual subway riders at the nearby 4, 5, 6, N, R, W trains station
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Listing Agency: City Connections Realty, Inc.
Listed By: Barry Fields · License #10301222144
Source: Moodyscre
Added: Aug 22, 2024 Changed: Oct 25 Last Checked: Oct 30 at 5:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of City Connections Realty, Inc.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail space features a 1,700-square-foot mezzanine accessible by stairs and an elevator. The property has over 45 feet of frontage. The lease term is 5-10 years. The location benefits from a high population density, with 63,303 residents within a half-mile radius. Additionally, the nearby subway station, serving the 4, 5, 6, N, R, and W lines, sees 2 million annual riders.

Key Highlights

  • High foot traffic: 2M annual subway riders at nearby station.
  • High population density: 63,303 residents within 1/2 mile.
  • 1,700 SF mezzanine level included.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Butcher (Bike/Boat/Book/etc) Store Nursing Home Auto Repair Shop Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$7.57 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

46,622
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$47.59 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
5,130 SF
Avg Space Size

This space is priced 6% above the average of $47.59 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail space with mezzanine and high foot traffic.
Where is this retail space located?
The property is located at 935-951 3rd Ave New York, NY.
What is the lease rate?
The lease rate is $7,150/Mo.
What are key features of this property?
This property features: High foot traffic: 2M annual subway riders at nearby station.; High population density: 63,303 residents within 1/2 mile.; 1,700 SF mezzanine level included.
(212) 994-3203 · Office Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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