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    1175 Lexington Ave New York, NY 10028

    For Lease
    $13,500 /Mo

    Upscale Upper East Side storefront

    Lot size:
    600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 600-square-foot retail space is ideally situated on Lexington Avenue between East 80th and East 81st Streets in Manhattan's coveted Upper East Side. The property boasts an impressive 29-foot storefront with expansive display windows, ensuring high visibility for your business. The space is delivered in a "white box" condition with an ACP-5 rating, allowing for complete customization to create your ideal retail environment. While a basement is not included, non-contiguous storage space is available to meet your needs. Please note that the property is not suitable for businesses requiring vented cooking or the sale of smoking paraphernalia. All dimensions are approximate; for precise measurements, it is recommended to engage an independent architect or engineer. The property is located in New York County and is a single-tenant retail space. This prime location offers unparalleled exposure to a high volume of foot traffic along a heavily trafficked corridor. The opportunity to establish a presence in this desirable neighborhood is exceptional. All information is subject to errors, omissions, changes in price, prior sale or lease, or withdrawal without notice.

    Property Features for 1175 Lexington Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    600 SF
    Total Rate
    13500

    Unit(s) available at that property

    Space
    Size
    600 SF
    Rate per SF
    $13,500

    HighLights

    • Prime Upper East Side retail space on Lexington Avenue between E 80th & E 81st Streets.
    • 600 sq. ft. single‑tenant retail space.
    • 29‑foot storefront with large display windows.
    • Delivered in white box condition with ACP‑5; no basement, but non‑contiguous storage available.
    • No vented cooking or smoke shops permitted.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store 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
    -73.9580839
    Latitude
    40.7757643

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    FAQs

    What type of property is this?
    Retail property - Upscale Upper East Side storefront
    Where is this retail property located?
    The property is located at 1175 Lexington Ave New York, NY.
    What is the lease rate?
    The lease rate is $13,500 /Mo.
    What are key features of this property?
    This property features: Prime Upper East Side retail space on Lexington Avenue between E 80th & E 81st Streets.; 600 sq. ft. single-tenant retail space.; 29-foot storefront with large display windows.
    Request Owner's contact information
    1175 Lexington Ave New York, NY 10028
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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
    1175 Lexington Ave New York, NY 10028
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