1638 Park Ave, New York, NY 10035
This exceptional retail opportunity is located at 1638 Park Avenue in the vibrant heart of New York City, New York County, zip code 10035. The property offers a total of 1,500 square feet of commercial space, currently entirely vacant and available for lease. This presents a unique chance for a single tenant to occupy the entire space or for multiple tenants to lease portions, with a minimum divisible unit of 500 square feet and a maximum contiguous space of 1,000 square feet. The property is classified as retail commercial space with multiple tenancy options. Its prime location on Park Avenue offers excellent visibility and accessibility, making it an ideal location for a variety of businesses. The address is easily identifiable and conveniently situated within New York City, providing access to a large and diverse customer base. The property's 1,500 square feet of vacant space allows for significant customization and design flexibility to suit the needs of the prospective tenant(s). This is a rare opportunity to secure a highly desirable retail space in one of Manhattan's most sought-after locations. Interested parties should act quickly to secure this exceptional property. The property is situated at latitude 40.79959 and longitude -73.943454.
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.