Property summary
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
VerifiedCap rate & NOI
Current use
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Physician
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Department Store
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Accounting Firm Tax Preparation
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Law Firm
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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