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    165 Lexington Ave New York, NY 10016

    Sponsored
    For Lease
    Contact for pricing

    Prime NYC Storefront, Multiple Units Available

    Lot size:
    3,840 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity at 165 Lexington Avenue in New York City offers 3,840 square feet of versatile space, currently entirely vacant and available for lease. The property is comprised of four individual suites, providing flexibility for various business needs. Each suite offers a minimum of 564 square feet, with the largest contiguous space measuring 1,229 square feet. This allows for businesses of different sizes to find a suitable fit within this vibrant location. The building's storefront design ensures excellent street visibility and accessibility for customers. Situated in New York County, with a convenient 10016 zip code, this property benefits from high foot traffic and proximity to various amenities. The multiple suite configuration is ideal for a single tenant seeking a large space or multiple tenants looking for smaller, independent units. This prime location presents a unique chance to establish or expand a retail presence in a bustling New York City neighborhood. The entire 3,840 square feet is available, offering a rare opportunity for a significant retail presence. Interested parties are encouraged to inquire for further details and leasing options. This is a truly exceptional opportunity in a highly sought-after area.

    Property Features for 165 Lexington Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,840 SF

    Unit(s) available at that property

    Space
    Space A Basement
    Size
    1,006 SF
    Space
    Space B Ground Floor
    Size
    1,041 SF
    Space
    Space C Ground Floor
    Size
    564 SF
    Space
    Space A Ground Floor
    Size
    1,229 SF

    HighLights

    • 3,840 square feet of vacant retail space available for lease at 165 Lexington Avenue, New York, NY 10016.
    • Four individual suites available, ranging from 564 to 1,229 square feet.
    • High‑visibility storefront in a high‑traffic location.
    • Suitable for single or multiple tenants.
    • Contiguous basement space available.
    Property Profile Location Intelligence

    Current Use by Public Records

    RiverBrook Equities Hotel Daily Transcription, Inc. ... Translation Service Lexi Condos Condominium Complex

    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
    -73.9810127
    Latitude
    40.7439156

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    FAQs

    What type of property is this?
    Individual retail property - Prime NYC Storefront, Multiple Units Available
    Where is this individual retail property located?
    The property is located at 165 Lexington Ave New York, NY.
    What are key features of this property?
    This property features: 3,840 square feet of vacant retail space available for lease at 165 Lexington Avenue, New York, NY 10016.; Four individual suites available, ranging from 564 to 1,229 square feet.; High-visibility storefront in a high-traffic location.
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    165 Lexington Ave 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
    165 Lexington Ave New York, NY 10016
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