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    1308 2Nd Ave New York, NY 10065

    For Lease
    $1,200 /Mo ($2 SF/Yr)

    Prime NYC Retail Space, Two Suites Available

    Lot size:
    7,052 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail property, located at 69/2nd Avenue, offers two available suites totaling 1,000 square feet of vacant space within a 7,052 square foot building. Situated on Second Avenue with high foot traffic, this location boasts unparalleled visibility and accessibility. The building, constructed in 1910, benefits from its proximity to the Q train at the 71st Street stop, ensuring convenient access for customers and employees. The available spaces range in size from 900 to 2,000 square feet, providing flexibility for a variety of retail businesses. The property is classified as a multi-tenant retail building with a total of two suites. Its prime location in New York County, near the cross street of E 69th Street, makes it an ideal investment opportunity for businesses seeking high visibility and a strong customer base. The building's historical charm combined with its modern convenience creates a unique and attractive retail space. This is a rare chance to secure a well-positioned retail space in a vibrant and densely populated area of Manhattan. The available space presents a significant opportunity for businesses looking to establish or expand their presence in a high-traffic, transit-accessible location. Serious inquiries are encouraged to explore this exceptional retail offering.

    Property Features for 1308 2Nd Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,052 SF
    Total Rate
    1200

    Building Details

    Year Built
    1910

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    2,000 SF
    Rate per SF
    $1,200
    Space
    Available Space 1
    Size
    0 SF
    Rate per SF
    $1,200

    HighLights

    • Retail property totaling 7,052 square feet.
    • Two suites available, totaling 1,000 square feet of vacant space.
    • Located on 2nd Avenue, near E 69th Street in New York County.
    • Building constructed in 1910.
    • High foot traffic, steps from the Q train at the 71st Street station.
    • Suite sizes range from 900 to 2,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm 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
    -73.9597638
    Latitude
    40.7666676

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    FAQs

    What type of property is this?
    Individual retail property - Prime NYC Retail Space, Two Suites Available
    Where is this individual retail property located?
    The property is located at 1308 2Nd Ave New York, NY.
    What is the lease rate?
    The lease rate is $1,200 /Mo.
    What are key features of this property?
    This property features: Retail property totaling 7,052 square feet.; Two suites available, totaling 1,000 square feet of vacant space.; Located on 2nd Avenue, near E 69th Street in New York County.
    Request Owner's contact information
    1308 2Nd Ave New York, NY 10065
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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
    1308 2Nd Ave New York, NY 10065
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