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    566 10Th Ave New York, NY 10036

    Sponsored
    For Lease
    Contact for pricing

    Prime NYC Retail, 1938 sq ft, High Traffic

    Lot size:
    1,938 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,938 square foot retail space is available for lease in the vibrant Midtown West neighborhood of Manhattan, New York County. Located at the northeast corner of West 41st Street, this single-tenant property offers unparalleled visibility and accessibility. Situated at the base of a massive 1.2 million square foot mixed-use development, this location benefits from a built-in customer base of 814 apartment residents and 669 hotel guests. The proximity to the 60,000 square foot Off Broadway Theatre Center ensures a constant flow of foot traffic and potential customers. Its strategic location places it steps away from both the bustling Hudson Yards and the iconic Times Square, guaranteeing high visibility and exposure to a diverse clientele. The property's significant advantage includes the availability of outdoor seating, enhancing the appeal and functionality of the space for a variety of retail concepts. The entire 1,938 square feet is currently vacant and ready for immediate occupancy, presenting a unique opportunity for a business seeking a prime location in one of Manhattan's most dynamic areas. This is an exceptional chance to establish a thriving retail presence in a high-traffic, high-density location with significant potential for growth and success.

    Property Features for 566 10Th Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,938 SF

    Unit(s) available at that property

    Space
    Available Spcae
    Size
    1,938 SF

    HighLights

    • 1,938 SF retail space available for lease in Midtown West.
    • Located at the northeast corner of West 41st Street, New York, NY 10036.
    • Situated near Hudson Yards and Times Square.
    • Offers outdoor seating.
    • Ground floor retail space within a 1.2M SF mixed‑use building including 814 apartments, 669 hotel rooms, and a 60,000 SF Off‑Broadway Theatre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Treehaus Wine And Liquor Wine Store

    Suggested Use

    Realty agency Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Building Supply Daycare Center Auto Repair Shop 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
    -73.9955605
    Latitude
    40.7590813

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    FAQs

    What type of property is this?
    Retail property - Prime NYC Retail, 1938 sq ft, High Traffic
    Where is this retail property located?
    The property is located at 566 10Th Ave New York, NY.
    What are key features of this property?
    This property features: 1,938 SF retail space available for lease in Midtown West.; Located at the northeast corner of West 41st Street, New York, NY 10036.; Situated near Hudson Yards and Times Square.
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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
    566 10Th Ave New York, NY 10036
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