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Retail Condo with Basement Space
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124 W 18th St, New York, NY 10011

Retail condo featuring ground floor and basement, suitable for showroom.

Property Size1,724 SF
Price / SF$1,044
Days on Market831

Property Features for 124 W 18th St

General Information

Standard status Active
Size 1,724 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN

Building Details

Tenancy Single
Listing Agency: Midtown Commercial Real Estate
Listed By: Sung Cho · License #10301203280
Source: Crexi
Added: Jul 12, 2024 Changed: Oct 12 Last Checked: Oct 19 at 6:57AM

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

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Investment Insights

Based on property information with market context.

This commercial property features a 1,724-square-foot ground floor area, complemented by an 800-square-foot basement. The space is suitable for dry use and presents opportunities for both users and investors. It is particularly well-suited for a showroom, interior design business, home goods retailer, or furniture showroom. The retail condo can be delivered vacant.

Key Highlights

  • Significant price reduction: now $1.8M, was $2.5M.
  • Vacant possession for immediate occupancy.
  • Ideal for dry use businesses.

Property Analytics

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Current Use

Visionlofts Condominium Condominium Complex Camerich New York Furniture & Home Goods

Suggested Use

Top Pick Buffet Nursing Home Pet Grooming Service Adult Day Care Parking Lot & Garage Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

53,382
Businesses Nearby
Well-served
Demand for This Use

Demographics for 10011, NY

53,318
Population
35,049
Households
1.5
Avg Household Size
39
Median Age
79%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
88,863
Density / Sq Mi
$146,571
Median Household Income
$113,503
Median Earnings
$2,868
Median Rent
$1,165,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

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Frequently Asked Questions

What type of property is this?
Showroom - Retail condo featuring ground floor and basement, suitable for showroom.
Where is this showroom located?
The property is located at 124 W 18th St New York, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Significant price reduction: now $1.8M, was $2.5M.; Vacant possession for immediate occupancy.; Ideal for dry use businesses.
(212) 804-7712 Call to check price and availability
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