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    OFF-MARKET
    Retail properties & Spaces

    23 20Th St, New York, NY 10010

    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,350-square-foot retail space at 23 E 20th St in New York, NY 10010, offers a unique opportunity for discerning businesses. Located between Broadway and Park Avenue South, this single-tenant property boasts a coveted location diagonally across from Gramercy Tavern and west of Sugar Fish, ensuring high foot traffic and visibility. The space features impressive 19-foot ceilings, creating an airy and spacious atmosphere. A significant advantage is the 750-square-foot lower level, adding considerable versatility. The storefront benefits from 20 feet of frontage, maximizing natural light and attracting customers. The interior, meticulously designed and featured in Architectural Digest, has received an award for best-designed store in NYC, showcasing a sophisticated and stylish ambiance. This Class B retail property presents a rare chance to acquire a turn-key, high-impact space in a prime Manhattan location. The property's superior design and prestigious address make it an ideal location for a luxury retailer seeking a sophisticated and established presence in the heart of New York City.

    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
    • Othership Flatiron Spa & Massage Center
    • Felicity House Charitable Organization Social Service Agency
    • Foundation for a Just Society Charitable Organization Social Service Agency
    • The Chilewich Store Home Decor Store Department Store
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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