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    613 9Th Ave New York, NY 10036

    Sponsored
    For Lease
    $214 SF/Yr

    Prime Midtown West, turnkey retail, high foot traffic.

    Lot size:
    700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 700-square-foot retail space is ideally situated in a bustling Midtown West location, guaranteeing high foot traffic. The property is a single-tenant space, perfect for a variety of food-related businesses. It boasts a fully equipped, vented kitchen, making it turnkey for immediate occupancy. The space includes a substantial 500-square-foot basement, featuring two brand-new walk-in refrigerators, providing ample storage and operational space. The property type is retail, specifically vented and designated for food service, reflecting its suitability for restaurants or similar ventures. Located in New York County, this ground-floor space offers unparalleled visibility and accessibility for customers. The asking rent is $12,500 per month. This is a rare opportunity to secure a prime retail location in a high-demand area with all the necessary infrastructure already in place. The combination of size, location, and existing equipment makes this an attractive proposition for any discerning business owner seeking a thriving retail environment. Don't miss this chance to establish your business in a vibrant and lucrative Midtown West setting.

    Property Features for 613 9Th Ave

    General Information

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

    Unit(s) available at that property

    Space
    Size
    700 SF
    Rate per SF
    $214

    HighLights

    • Prime Midtown West retail space, 700 sq. ft.
    • Single‑tenant occupancy.
    • Fully‑equipped kitchen and vented space.
    • 500 sq. ft. basement with two new walk‑in refrigerators.
    • Asking rent: $12,500 per month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Dental Office Food Market Grocery Store Daycare Center Pharmacy

    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
    -73.9921797
    Latitude
    40.7594967

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    FAQs

    What type of property is this?
    Retail property - Prime Midtown West, turnkey retail, high foot traffic.
    Where is this retail property located?
    The property is located at 613 9Th Ave New York, NY.
    What is the lease rate?
    The lease rate is $214 SF/Yr.
    What are key features of this property?
    This property features: Prime Midtown West retail space, 700 sq. ft.; Single-tenant occupancy.; Fully-equipped kitchen and vented space.
    Request Owner's contact information
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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
    613 9Th Ave New York, NY 10036
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