Vented Retail Space with
For Lease
Contact for pricing
720 2nd Ave, New York, NY 10016
Retail space with basement and outdoor patio for rent.
Space Size1,363 SF
Days on Market1148
Property Features for 720 2nd Ave
General Information
Standard status
Active
Size
1,363 SF
Property subtype
Retail
Building Details
Building Size
1,363 SF
Tenancy
Single
Spaces For Lease
at 720 2nd Ave Contact us- Size
- 1,363 SF
- Type
- Retail
- Availability
- Active
Available Space
Listing Agency:
Midtown Commercial Real Estate
(212) 804-7712
Listed By:
Sung Cho · License #10301203280
Source:
Crexi
Added: Jul 2, 2023
Changed: Aug 21
Last Checked: Aug 21 at 5:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Midtown Commercial Real Estate
Investment Insights
Based on property information with market context.
The property at 720 2nd Avenue features a 1,346 square foot ground floor and a 1,346 square foot basement. This vented retail space includes basement access and an 800 square foot outdoor patio in the rear. The space is currently occupied by an established and profitable deli. The liquor license will convey to the new tenant. The intended use of the property is retail.
Key Highlights
- Established and profitable deli business included.
- Liquor license included.
- Reduced key money of $350,000.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
50,655
Businesses Nearby
Explore this area
Business Placement
Demographics for 10016, NY
62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Market
Lease Benchmarks for New York, NY
$65.31 /SF/Yr
Avg Asking Price
$12–$200 /SF/Yr
Price Range
5,708 SF
Avg Space Size
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space with basement and outdoor patio for rent.
Where is this retail space located?
The property is located at 720 2nd Ave New York, NY.
What is the lease rate?
The lease rate is $100,800.
What are key features of this property?
This property features: Established and profitable deli business included.; Liquor license included.; Reduced key money of $350,000.
