Property profile

303 59Th St New York, NY 10022

OFF-MARKET
Retail properties & Spaces
2,200 SF
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Property summary

AI-generated overview

This exceptional 2,200 square foot retail space is ideally situated at 303 E 56th Street in New York City's vibrant Midtown East neighborhood, within the boundaries of East 14th Street and East 59th Street. The property is categorized as both retail and restaurant-suitable, offering a versatile opportunity for a wide range of businesses. Currently entirely vacant, this single-tenant space presents a blank canvas for a discerning tenant to create their ideal commercial environment. Located in New York County, the property boasts a highly desirable address in a densely populated area with significant foot traffic and excellent visibility. The entire 2,200 square feet is available for lease, providing ample space for a variety of retail or restaurant concepts. This presents a unique chance to establish a presence in a prime Manhattan location. The property's address is 300 E 56th St, New York, NY 10022. Its geographic coordinates are latitude 40.7586163 and longitude -73.9652567. The property is classified as commercial, offering a single tenancy arrangement. This turnkey space is ready for immediate occupancy, making it an attractive option for businesses seeking a quick and efficient entry into the bustling New York City market. The property's size and location make it an ideal investment for a business seeking high visibility and accessibility.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church
  • (Bike/Boat/Book/etc) Store

Location

303 59Th St New York, NY 10022
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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