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    OFF-MARKET
    Retail properties & Spaces

    14th 59Th St, New York, NY 10017

    1,950 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,950-square-foot retail space is ideally situated in Midtown East, boasting a highly desirable location near Grand Central Terminal. The property offers a single-tenant occupancy in a vibrant commercial area with significant foot traffic. Located in New York County, with a precise address within the East 14th Street to East 59th Street boundaries, this space presents a unique opportunity for businesses seeking high visibility and accessibility. The storefront features a substantial 30-foot frontage on Lexington Avenue, ensuring maximum exposure to potential customers. Its proximity to major transportation hubs like Grand Central Terminal, along with the United States Postal Service and the Chrysler Building, guarantees a constant flow of pedestrians and convenient access for employees and clients. The entire 1,950 square feet is currently vacant and ready for immediate occupancy, making it an attractive proposition for businesses looking to establish or expand their presence in a prime Manhattan location. The zip code for this property is 10017. This retail space is classified as commercial property under a single tenancy agreement. The building's total square footage mirrors the vacant space, indicating a complete unit available for lease. This presents a rare chance to secure a prominent retail location in one of New York City's most sought-after commercial districts.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 1,950 SF
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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