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    1170 Lexington Ave New York, NY 10028

    For Lease
    Contact for pricing

    Prime NYC Retail, Multiple Units Available

    Lot size:
    2,530 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity is located at 1170 Lexington Avenue in the vibrant heart of New York City, New York County, zip code 10028. The property offers a total of 2,530 square feet of street retail space, currently entirely vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 100 square feet to a maximum contiguous space of 2,430 square feet, providing flexibility for a variety of retail businesses. The property's address is highly visible and benefits from significant foot traffic and excellent accessibility. This is an ideal location for businesses seeking high visibility and a strong presence in a densely populated and affluent area of Manhattan. The property is categorized as street retail, ensuring direct street-level access and maximum exposure to potential customers. This presents a unique chance to establish or expand a retail presence in one of New York City's most desirable commercial corridors. The property's location offers easy access to public transportation, making it convenient for both employees and customers. Serious inquiries are encouraged to explore the possibilities of this prime retail space. The entire 2,530 square feet is currently available.

    Property Features for 1170 Lexington Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,530 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    2,430 SF
    Space
    Basement
    Size
    100 SF

    HighLights

    • Landlord is completing a full demolition and white‑box build‑out.
    • Prime Upper East Side retail space.
    • Wide storefront with four window bays on Lexington Avenue.
    • High foot traffic location near 86th and 77th Street subway stations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apple Bank ATM Atm

    Suggested Use

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

    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
    -73.958452
    Latitude
    40.7758993

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    FAQs

    What type of property is this?
    Individual retail property - Prime NYC Retail, Multiple Units Available
    Where is this individual retail property located?
    The property is located at 1170 Lexington Ave New York, NY.
    What are key features of this property?
    This property features: Landlord is completing a full demolition and white-box build-out.; Prime Upper East Side retail space.; Wide storefront with four window bays on Lexington Avenue.
    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
    1170 Lexington Ave New York, NY 10028
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