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    121 St Nomad New York, NY 10016

    For Lease
    Contact for pricing

    Prime NYC Retail, Multiple Units Available

    Lot size:
    3,175 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail opportunity is located at 121 Madison Avenue, between 30th and 31st Streets in the vibrant Nomad neighborhood of New York City (zip code 10016). The property offers a total of 3,175 square feet of commercial space, currently entirely vacant and available for lease. This presents a unique chance for businesses seeking flexible space options in a high-traffic area. Multiple tenancy is possible, with spaces divisible to a minimum of 1,000 square feet and a maximum contiguous space of 2,175 square feet. The building's location within New York County ensures excellent visibility and accessibility for customers. This prime retail space is ideal for a variety of businesses seeking a prominent presence in one of Manhattan's most dynamic and sought-after neighborhoods. The property's central location offers easy access to public transportation, making it convenient for both employees and customers. The entire 3,175 square feet is currently available, providing an opportunity for a single large tenant or multiple smaller tenants to establish their businesses in this thriving area. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure a significant retail presence in a highly desirable location.

    Property Features for 121 St Nomad

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,175 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    2,175 SF
    Space
    Basement
    Size
    1,000 SF

    HighLights

    • Highly desirable NoMad location.
    • Excellent street visibility and high foot traffic.
    • Impressive 30' frontage.
    • Convenient access to the 33rd Street subway station.
    • Surrounded by luxury retailers including Ralph Lauren, Balenciaga, and Christian Louboutin.
    Property Profile Location Intelligence

    Current Use by Public Records

    Renaissance Church NYC Church Project For Psychotherapy Outreach To Psychotherapist Bodycomb Studio, NYC Photography Service New Residence Hall- ... Student Housing Center Center for Urban Community ... Social Services Organization

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Law Firm Nail Salon Food Market Grocery Store Daycare Center

    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
    -73.9844981
    Latitude
    40.7453189

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    FAQs

    What type of property is this?
    Retail property - Prime NYC Retail, Multiple Units Available
    Where is this retail property located?
    The property is located at 121 St Nomad New York, NY.
    What are key features of this property?
    This property features: Highly desirable NoMad location.; Excellent street visibility and high foot traffic.; Impressive 30' frontage.
    Request Owner's contact information
    121 St Nomad New York, NY 10016
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    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
    121 St Nomad New York, NY 10016
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