9 40Th St, New York, NY 10016
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.
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Shine & Company LLP Accounting Firm Tax Preparation
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Clear-Conversation Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.