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    1588 St Nicholas Ave New York, NY 10040

    For Lease
    Contact for pricing

    Prime Uptown Retail, Two Spaces Available

    Lot size:
    6,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 6,500 square foot standalone retail building, located at 1588 St. Nicholas Avenue in New York County, presents a unique opportunity for multiple tenants. Currently entirely vacant, the space is being delivered in a "vanilla box" condition with a brand-new storefront, offering complete design flexibility for prospective occupants. The building boasts a prominent corner location directly across from a subway station, ensuring high visibility and accessibility for customers. The high-traffic location is situated on a busy uptown block with strong co-tenancy from established national retailers, guaranteeing a robust customer base. The space is divisible, allowing for customization to suit various business needs and sizes. Two individual spaces, each totaling 3,250 square feet, are available for lease. The ground floor features impressive 14 foot 6 inch ceilings, providing ample space and a sense of grandeur. All uses are considered, making this property ideal for a wide range of retail concepts. This is a rare chance to secure a flagship retail space in a prime uptown location with exceptional visibility and accessibility. The building's modern design and convenient location make it an attractive proposition for businesses seeking a high-impact presence in a thriving commercial area. Contact us today to learn more about leasing opportunities.

    Property Features for 1588 St Nicholas Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,500 SF

    Unit(s) available at that property

    Space
    Lower Level
    Size
    3,250 SF
    Space
    Ground Floor
    Size
    3,250 SF

    HighLights

    • 6,500 SF retail building available for lease in New York County.
    • Two available spaces totaling 3,250 SF.
    • New storefront and vanilla box condition.
    • Prominent corner location opposite a subway station.
    • All uses considered, with multiple divisions possible.
    • Strong co‑tenancy with national retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon 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
    -73.9297341
    Latitude
    40.8545197

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    FAQs

    What type of property is this?
    Retail property - Prime Uptown Retail, Two Spaces Available
    Where is this retail property located?
    The property is located at 1588 St Nicholas Ave New York, NY.
    What are key features of this property?
    This property features: 6,500 SF retail building available for lease in New York County.; Two available spaces totaling 3,250 SF.; New storefront and vanilla box condition.
    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
    1588 St Nicholas Ave New York, NY 10040
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