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    441-445 5Th Ave New York, NY 10016

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    For Lease
    Contact for pricing

    6,118 SF Retail Space - Lease

    Lot size:
    6,118 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents a single-tenant space totaling 6,118 square feet, ideally situated at 441-445 5th Avenue in New York, NY 10016. The property boasts a prominent location within New York County, offering unparalleled visibility and accessibility. The building sits on a substantial 0.84-acre lot, providing ample space and potential for various retail uses. Currently, the entire 6,118 square feet is available for lease, presenting a unique chance for a business to establish a significant presence in a high-traffic area. The property's classification as commercial retail, with a single-tenant occupancy, ensures a streamlined and efficient leasing process. The address, 441-445 5th Avenue, is easily identifiable and highly desirable for businesses seeking maximum exposure. This location offers excellent pedestrian traffic and proximity to various transportation options, making it an attractive destination for customers. The substantial lot size of 0.84 acres provides flexibility for future development or expansion, depending on the tenant's needs. This property is an exceptional investment opportunity for businesses seeking a prime retail location in the heart of New York City. The size and location make it suitable for a wide range of retail concepts. Interested parties are encouraged to inquire for further details and leasing information.

    Property Features for 441-445 5Th Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,118 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    6,118 SF
    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 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
    -73.981985
    Latitude
    40.7515761

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    FAQs

    What type of property is this?
    Retail property - 6,118 SF Retail Space - Lease
    Where is this retail property located?
    The property is located at 441-445 5Th Ave New York, NY.
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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
    441-445 5Th Ave New York, NY 10016
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