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    451 46Th St New York, NY 10036

    For Lease
    $158 SF/Yr

    Prime NYC Retail, 500 sq ft, Immediate Occupancy

    Lot size:
    500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 500-square-foot retail space is ideally situated at 451 W 46th St, New York, NY 10036, in the vibrant Hell's Kitchen neighborhood. Currently configured as a nail salon, this property presents a fantastic opportunity for a wide array of retail uses. The landlord is committed to a complete gut renovation, delivering a pristine, high-end "white box" space ready for immediate occupancy. A significant improvement will be the installation of a new storefront entrance at street level, enhancing visibility and accessibility. The space is available for immediate lease with a negotiable term and a monthly rent of $6,600. Its central location offers unparalleled access to a dense population and high foot traffic, making it perfect for a diverse range of businesses, including but not limited to cafes, restaurants, convenience stores, salons, or other retail ventures. The property's versatility and prime location in a thriving area make it an exceptional investment opportunity. This is a single-tenant space, offering exclusive use and control. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 451 46Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    500 SF

    Unit(s) available at that property

    Space
    Size
    500 SF
    Rate per SF
    $158

    HighLights

    • 500‑square‑foot retail space at 451 W 46th St, New York, NY 10036.
    • Currently configured as a nail salon, suitable for various retail uses.
    • Landlord will provide a complete gut renovation to deliver a "white box" space.
    • New street‑level storefront entrance will be installed.
    • Available for immediate lease at $6,600/month with negotiable terms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    homestead suites midtown Hotel GOOD HEAD: HELL'S ... Barber Shop Green Apple Maids, ... House Cleaning Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    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
    -73.9925365
    Latitude
    40.7619168

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    FAQs

    What type of property is this?
    Retail property - Prime NYC Retail, 500 sq ft, Immediate Occupancy
    Where is this retail property located?
    The property is located at 451 46Th St New York, NY.
    What is the lease rate?
    The lease rate is $158 SF/Yr.
    What are key features of this property?
    This property features: 500-square-foot retail space at 451 W 46th St, New York, NY 10036.; Currently configured as a nail salon, suitable for various retail uses.; Landlord will provide a complete gut renovation to deliver a "white box" space.
    Request Owner's contact information
    451 46Th St New York, NY 10036
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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
    451 46Th St New York, NY 10036
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