0 Lexington Ave, New York, NY 10017
This exceptional retail space, ideally situated on Lexington Avenue in Midtown Manhattan (zip code 10017), presents a unique leasing opportunity for a cafe or similar establishment. The property boasts a prime corner location, ensuring high visibility and foot traffic. The ground floor offers 1300 square feet of well-designed space, perfect for customer interaction and service. Adding to its appeal is a sizable 1300 square foot basement, providing ample storage and potential for expansion. This location is exceptionally convenient, being just steps away from Grand Central Terminal, guaranteeing a constant flow of potential customers. The property is a single-tenant space, offering exclusivity and control. Importantly, there is no key money required, making this a financially attractive proposition. The property is classified as retail space within New York County, New York. Its precise coordinates are latitude 40.7545639 and longitude -73.9749389. This is a rare chance to secure a thriving business location in one of Manhattan's most dynamic neighborhoods. The property's size and location make it an ideal space for a successful cafe operation.
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.