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    OFF-MARKET
    Retail properties & Spaces

    9 40Th St, New York, NY 10016

    Property ID
    Property summary
    AI-generated overview

    This exceptional 7,000-square-foot single-tenant space is located at 9 East 40th Street in the heart of Midtown East, New York, NY 10016. The property is a lower-level retail space, recently renovated with a "white box" finish, making it highly adaptable to a variety of uses. The space is ideal for retail, office, or restaurant tenants. Potential uses include, but are not limited to, a speakeasy, fitness center, golf simulator, commissary kitchen, showroom, medical office, or spa. Other uses will be considered. The space includes two private bathrooms and a pre-installed black iron vent extending to the roof. Convenient freight elevator access is available. The property benefits from a high-traffic location with prominent neighbors including DoorDash, Gregory's Coffee, Chick-fil-A, CityMD, Chase Bank, and the New York Public Library. Flagship signage opportunities are available. Immediate possession is possible, and lease terms are negotiable. The rental rate is available upon request.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Bespoke Physical Therapy Physician
    • Ini Perfect Hair Department Store
    • Shine & Company LLP Accounting Firm Tax Preparation
    • Quinn McCabe LLP Law Firm
    • Clear-Conversation Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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