Listing Agency: JLL - New York City, New York

Listed By: Clint Olsen · License #NY 10301212298

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 12:34AM

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Investment Insights

Based on property information with market context.

This 5,000-square-foot retail property is associated with Capital One and a triple-net lease structure. The offering carries a reported 5.49% cap rate.

The property is located at 991 3rd Ave in New York, NY 10022, providing a specific Manhattan address for evaluation.

Key Highlights

• 5,000 SF retail property
• Capital One occupancy identified in listing information
• NNN lease structure

Property Analytics

Property Profile

Current Use

Capital One Bank Loan Service Capital One ATM Atm

Suggested Use

Top Pick Auto Parts Store Butcher Nursing Home Auto Repair Shop Pet Grooming Service (Bike/Boat/Book/etc) Store

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

42,557

Businesses Nearby

Explore this area Business Placement

Demographics for 10022, NY

36,708

Population

25,686

Households

1.4

Avg Household Size

45

Median Age

84%

College-Educated

98%

High-School Grad

0.4 sq mi

ZIP Area

91,770

Density / Sq Mi

$171,038

Median Household Income

$119,657

Median Earnings

$2,928

Median Rent

$1,116,700

Median Home Value

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space associated with a triple-net lease structure in Manhattan.

Where is this retail space located?

The property is located at 991 3rd Ave New York, NY.

What are key features of this property?

This property features: 5,000 SF retail property; Capital One occupancy identified in listing information; NNN lease structure