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    442 45Th St New York, NY 10036

    Sponsored
    For Lease
    $90 SF/Yr ($7,500 /Mo)

    Prime 1,000 SF Retail Space in NYC

    Lot size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,000-square-foot retail space is ideally situated in the vibrant Hell's Kitchen neighborhood of Manhattan, in New York County. The property boasts a highly desirable single-tenant occupancy, offering complete control and flexibility for the new business owner. The space features an impressive all-glass storefront, providing excellent street visibility and natural light, maximizing exposure to the significant foot traffic on this lively block. The storefront's prominent frontage ensures optimal brand visibility and customer attraction. Beyond the main retail area, a substantial basement is included, complete with a built-in walk-in refrigerator or box, offering valuable additional storage or operational space. The interior is in excellent condition, presenting a virtually turnkey opportunity for a wide range of businesses. This property represents a rare chance to establish or expand a business in one of Manhattan's most dynamic and sought-after locations. The space is currently vacant, allowing immediate occupancy and customization to suit the specific needs of the tenant. This is an unparalleled opportunity to capitalize on the energy and growth of Hell's Kitchen. The property is classified as commercial retail and is ready for immediate occupancy.

    Property Features for 442 45Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000 SF
    Total Rate
    7500

    Unit(s) available at that property

    Space
    Available space
    Size
    1,000 SF
    Rate per SF
    $90

    HighLights

    • 1,000 SF retail space in Hell's Kitchen, Manhattan.
    • Single‑tenant occupancy.
    • 1,000 SF vacant space available.
    • Located in New York County.
    • Features a large all‑glass storefront with excellent frontage and exposure.
    • Includes a large basement with a walk‑in box.
    Property Profile Location Intelligence

    Current Use by Public Records

    Subway Fast Food Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market 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
    -73.9933216
    Latitude
    40.7609711

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    FAQs

    What type of property is this?
    Retail property - Prime 1,000 SF Retail Space in NYC
    Where is this retail property located?
    The property is located at 442 45Th St New York, NY.
    What is the lease rate?
    The lease rate is $90 SF/Yr.
    What are key features of this property?
    This property features: 1,000 SF retail space in Hell's Kitchen, Manhattan.; Single-tenant occupancy.; 1,000 SF vacant space available.
    Request Owner's contact information
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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
    442 45Th St New York, NY 10036
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