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    136Th St Miami, FL 33186

    For Sale
    $9,875,000

    Third Ave storefront, high traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail space, located at 250 Third Avenue, offers a prime opportunity in the vibrant Gramercy neighborhood of Manhattan. Situated on a busy section of Third Avenue, this 1,650 square foot storefront boasts excellent visibility and high foot and vehicle traffic, ensuring maximum exposure for your business. The space is part of a larger five-story building totaling 8,300 square feet, constructed in 1965. The unit itself features a desirable wide frontage, high ceilings, and a well-designed layout, providing ample space for a variety of retail uses. Its location on Third Avenue places it amongst other thriving businesses, creating a synergistic environment. The property is situated in New York County, with a cross street of East 22nd Street, further enhancing its accessibility and appeal. This is a rare opportunity to secure a highly visible and well-positioned retail space in one of Manhattan's most sought-after neighborhoods. The multiple tenancy nature of the building offers a diverse and dynamic atmosphere. This location is ideal for businesses seeking high visibility and a strong customer base. Don't miss this chance to establish your presence in this bustling commercial corridor.

    Property Features for 0 136Th St

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • Retail store for rent in a multi‑tenant building.
    • 8,300 total square feet.
    • Built in 1965, five stories.
    • Located at 250 Third Ave, cross street East 22nd Street, New York County.
    • One 1,650 sq ft space available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.394495
    Latitude
    25.641014

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    FAQs

    What type of property is this?
    Land - Third Ave storefront, high traffic
    Where is this land located?
    The property is located at 136Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $9,875,000.
    What are key features of this property?
    This property features: Retail store for rent in a multi-tenant building.; 8,300 total square feet.; Built in 1965, five stories.
    Request Owner's contact information
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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
    136Th St Miami, FL 33186
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