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    1865 2Nd Ave New York, NY 10029

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    For Lease
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    1,800 SF Retail Space - New York City

    Lot size:
    1,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,800-square-foot retail space is ideally situated at 1865 2nd Avenue in New York City's vibrant Manhattan, within New York County, zip code 10029. The property is categorized as a single-tenant retail space, previously used as a bank, offering a blank canvas for a variety of commercial ventures. The entire space is currently vacant, presenting a unique opportunity for immediate occupancy. The building's total square footage mirrors the available leasable area, ensuring complete control and flexibility for the new tenant. Located at 40.7844896 latitude and -73.9471586 longitude, this property benefits from high visibility and accessibility within a bustling urban environment. Its classification as a commercial bank space in the past suggests a strong foundation for businesses requiring secure and well-structured premises. The property is available for lease, providing an immediate opportunity to establish a presence in a prime Manhattan location. This is a rare chance to secure a substantial, fully vacant retail space in a high-traffic area of New York City. The property's size and location make it suitable for a wide range of businesses seeking a prominent and easily accessible storefront. Serious inquiries are encouraged to explore this exciting opportunity.

    Property Features for 1865 2Nd Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,800 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    1,800 SF

    HighLights

    • Former Capital One Bank branch.
    • Suitable for a variety of commercial uses.
    • Excellent transit access via the Second Avenue subway.
    • Directly across from Metropolitan Hospital.
    • High‑traffic location in a densely populated residential area.
    • Strong co‑tenancy including national and local retailers and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -73.9471586
    Latitude
    40.7844896

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    FAQs

    What type of property is this?
    Individual retail property - 1,800 SF Retail Space - New York City
    Where is this individual retail property located?
    The property is located at 1865 2Nd Ave New York, NY.
    What are key features of this property?
    This property features: Former Capital One Bank branch.; Suitable for a variety of commercial uses.; Excellent transit access via the Second Avenue subway.
    Request Owner's contact information
    1865 2Nd Ave New York, NY 10029
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    New York, NY 10029
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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
    1865 2Nd Ave New York, NY 10029
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