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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1379 3Rd Ave New York, NY 10075

Property ID
Property summary
AI-generated overview

This exceptional 1,600 square foot commercial space, located at 1379 Third Avenue between 78th and 79th Streets in New York City, presents a unique opportunity. The property boasts a desirable Class A designation within New York County and is ideally suited for a restaurant, retail, or office use. The layout comprises approximately 1,100 square feet on the ground floor and an additional 500 square feet in the basement. Benefitting from a 14-foot frontage on 3rd Avenue, the space enjoys high pedestrian traffic. Key features include a fully vented kitchen, perfect for food service businesses, along with air conditioning and an all-glass storefront for optimal visibility. The property is immediately available for a 10-year lease term. The vibrant neighborhood is anchored by high-profile tenants such as Charles Schwab, JP Morgan Chase, Wells Fargo, and numerous other established businesses, ensuring a strong customer base. This location offers immediate possession and is ready for your business to thrive. The building itself also houses a diverse mix of tenants, including Cohen's Optical, a juice bar, and H&R Block.

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
  • Water & Wheat Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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