Property profile

14th 59Th St New York, NY 10010

OFF-MARKET
Retail properties & Spaces
3,200 SF
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Property summary

AI-generated overview

This exceptional 3,200 square foot commercial space, located in Midtown East near Baruch College, presents a unique opportunity for a restaurant or retail business. The property boasts a highly desirable location on 3rd Avenue, offering excellent visibility and foot traffic. Currently vacant, the entire 3,200 square feet is available for lease. The space is fully equipped, eliminating the need for significant upfront investment. The building features a 15-foot frontage, ensuring maximum street presence. This prime location benefits from proximity to well-established businesses such as Baruch College, Abbey Tavern, Coletta, and the Gem Saloon, creating a vibrant and bustling atmosphere. The space is ideal for a variety of uses, including restaurants and other retail establishments. The property is situated in New York County, New York, with a zip code of 10010, specifically within the Midtown East area (E 14th St-E 59th St). The building consists of two suites in total. The property is fully vented, offering a significant advantage for restaurant operations. No key money is required, making this an attractive opportunity for prospective tenants. This turnkey space is ready for immediate occupancy and offers significant potential for a thriving business.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14th 59Th St New York, NY 10010
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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