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    6740 Ny-31 Newark, NY 14513

    For Lease
    $8 SF/Yr
    Lot size:
    87,243 SF
    Added:
    Dec 11, 2024
    Days on Market:
    369

    Property Features for 6740 Ny-31

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    87,243 SF
    Class
    A
    Total Rate
    58162

    Building Details

    Year Built
    1989
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Former Herb Phillipson
    Size
    30,609 SF
    Rate per SF
    $8
    Space
    Former Radio Shack
    Size
    2,500 SF
    Rate per SF
    $12
    Space
    Former Metro Mattress
    Size
    5,667 SF
    Rate per SF
    $12
    Space
    Former Game Stop
    Size
    2,500 SF
    Rate per SF
    $12
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Pharmacy Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Wayne
    State
    New York
    Longitude
    -77.061289020543
    Latitude
    43.052082968552

    Nearby Comparable

    • Contact for pricing

      Commercial Outparcel Near Walmart

      Outparcel to Walmart anchored center, build-to-suit options available.
      6776 State Route 31 E, Newark, NY 14513
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      383,924 SF

      Cultivation & Industry Premier Facility

      Large warehouse, flex, and industrial spaces with greenhouse infrastructure.
      609 East Maple Ave, Newark, NY 14513
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    • $2,200 /Mo

      Downtown Corner Retail Space

      Prime corner property in Newark's downtown area.
      202 S Main St, Newark, NY 14513
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      5,893 SF

      Retail Spaces in Pro-May Mall

      Retail spaces for lease in Newark's largest commercial area.
      510 W Union St, Newark, NY 14513
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    • $3,500 /Mo

      Stand Alone Building For Lease

      Highly visible commercial property in Lyons, NY with ample parking.
      27 State Route 31, Lyons, NY 14489
      View Details
    • $6 SF/Yr
      127,700 SF

      Lyons Warehouse with Multiple Docks

      127,700 sqft warehouse featuring eight docks with levelers.
      100 Dunn Rd, Lyons, NY 14489
      View Details

    Nearby Similar for Lease

    • Contact for pricing
      5,893 SF

      Retail Spaces in Pro-May Mall

      Retail spaces for lease in Newark's largest commercial area.
      510 W Union St, Newark, NY 14513
      View Details
    • Contact for pricing
      3,667 SF

      Retail Space in Newark, NY

      Retail spaces available in Walmart-anchored shopping center on Route 31.
      6708-6740 Ny-31, Newark, NY
      View Details
    • Contact for pricing
      383,924 SF

      Cultivation & Industry Premier Facility

      Large warehouse, flex, and industrial spaces with greenhouse infrastructure.
      609 East Maple Ave, Newark, NY 14513
      View Details
    • $2,200 /Mo

      Downtown Corner Retail Space

      Prime corner property in Newark's downtown area.
      202 S Main St, Newark, NY 14513
      View Details

    FAQs

    Where is this retail property located?
    The property is located at 6740 Ny-31 Newark, NY.
    What is the lease rate?
    The lease rate is $8-$12 SF/Yr.
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    6740 Ny-31 Newark, NY 14513
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    6740 Ny-31
    Newark, NY 14513
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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
    6740 Ny-31 Newark, NY 14513
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