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    Retail Spc On 3 Ave In Murray Hl New York, NY 10016

    Sponsored
    For Lease
    $60 SF/Yr

    1,000 SF Retail Store, Immediate Occupancy

    Lot size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail space, ideally situated on Third Avenue in Murray Hill, offers a unique opportunity for discerning businesses. The property boasts approximately 540 square feet on the ground floor, complemented by an additional 460 square feet of basement space, providing ample room for various retail operations. The space is available for immediate occupancy, allowing for a swift and seamless transition for new tenants. Monthly rent is set at $5,000, translating to $6 per square foot. Lease terms are negotiable, offering flexibility to suit individual business needs. The property is offered in "as-is" condition. While the exact ceiling height and frontage are not specified, interested parties are encouraged to conduct their own measurements for precise details. All dimensions are approximate; potential tenants should engage their own architect or engineer for exact measurements. Please note that all information provided is subject to verification and is presented without guarantee. The property is available for immediate possession, and the landlord is not offering any tenant improvements. Taxes and utilities are not included in the monthly rent.

    Property Features for 0 Retail Spc On 3 Ave In Murray Hl

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000 SF

    Unit(s) available at that property

    Space
    Size
    1,000 SF
    Rate per SF
    $60

    HighLights

    • Retail space on Third Avenue in Murray Hill.
    • 1,000 square foot single‑tenant retail space.
    • $5,000 monthly rent ($6.00 per square foot).
    • Immediate possession available.
    • As‑is condition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9773299
    Latitude
    40.7465146

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    FAQs

    What type of property is this?
    Retail property - 1,000 SF Retail Store, Immediate Occupancy
    Where is this retail property located?
    The property is located at Retail Spc On 3 Ave In Murray Hl New York, NY.
    What is the lease rate?
    The lease rate is $60 SF/Yr.
    What are key features of this property?
    This property features: Retail space on Third Avenue in Murray Hill.; 1,000 square foot single-tenant retail space.; $5,000 monthly rent ($6.00 per square foot).
    Request Owner's contact information
    Retail Spc On 3 Ave In Murray Hl New York, NY 10016
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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
    Retail Spc On 3 Ave In Murray Hl New York, NY 10016
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