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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

87th West St New York, NY 10024

Property ID
Property summary
AI-generated overview

This exceptional retail space, located on West 87th Street between 86th and 87th Streets on the Upper West Side, offers a unique opportunity for a discerning business. The ground floor boasts approximately 500 square feet of street-level retail space, perfectly suited for a variety of uses. An additional 450 square feet of basement space provides ample storage or expansion potential. The landlord is currently installing interior stairs to seamlessly connect both levels, enhancing functionality and convenience. The monthly rent is $12,000, translating to $288 per square foot. The lease term is negotiable, and immediate possession is available. The property is offered in "as is" condition. Please note that all dimensions are approximate; for precise measurements, it is recommended to engage an independent architect or engineer. This mid-block location offers excellent visibility and accessibility, making it an ideal space for a thriving business. The property is currently configured as a single-tenant space. Taxes and utilities are not included in the monthly rent. All information provided is subject to verification and is presented without guarantee. Potential tenants should conduct their own due diligence.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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