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    227 29Th St New York, NY 10001

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    Contact for pricing

    West 29th Street Retail Opportunity

    Lot size:
    7,111 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional retail property at 227 West 29th Street in New York City offers a unique investment opportunity. Located in New York County, this multi-tenant building boasts a total of 7,111 square feet, with 3,157 square feet currently vacant and available for lease. The space is highly divisible, offering flexible options for prospective tenants. Individual units range from a minimum of 720 square feet to a maximum contiguous space of 1,405 square feet, catering to a variety of business needs and sizes. This prime location in the vibrant heart of New York City provides unparalleled exposure and foot traffic, making it an ideal space for a variety of retail ventures. The property's address is 227 W 29th St, New York, NY 10001. Its strategic location offers easy access to major transportation hubs and a dense population base, ensuring high visibility and potential for significant returns. The building's layout is designed to maximize efficiency and functionality, providing ample space for both retail operations and storage. This is a rare opportunity to secure a well-positioned retail space in one of New York City's most dynamic neighborhoods. The property is classified as retail space and is ready for immediate occupancy. Serious inquiries are encouraged to explore this exciting opportunity further.

    Property Features for 227 29Th St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,111 SF

    Unit(s) available at that property

    Space
    Space B Ground Floor
    Size
    1,405 SF
    Space
    Space B Basement
    Size
    1,032 SF
    Space
    Space B Mezzanine
    Size
    720 SF

    HighLights

    • 7,111 SF multi‑tenant retail building at 227 W 29th St, New York, NY 10001.
    • 3,157 SF of vacant space available for lease, highly divisible.
    • Individual units range from 720 SF to 1,405 SF contiguous.
    • Prime NYC location with high foot traffic and visibility.
    • Space A includes 1,707 SF ground floor, 1,371 SF mezzanine, and 876 SF basement.
    Property Profile Location Intelligence

    Current Use by Public Records

    Krowne Vocal School ... Music School Thomas Schauer / Studio ... Photographer Anna Aronova, Attorney ... Immigration Attorney Bindery Film Production Company REZA POURMOHAMMADI, P.C., ... Law Firm

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon 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
    -73.9939973
    Latitude
    40.7485224

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    FAQs

    What type of property is this?
    Individual retail property - West 29th Street Retail Opportunity
    Where is this individual retail property located?
    The property is located at 227 29Th St New York, NY.
    What are key features of this property?
    This property features: 7,111 SF multi-tenant retail building at 227 W 29th St, New York, NY 10001.; 3,157 SF of vacant space available for lease, highly divisible.; Individual units range from 720 SF to 1,405 SF contiguous.
    Request Owner's contact information
    227 29Th St New York, NY 10001
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    New York, NY 10001
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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
    227 29Th St New York, NY 10001
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