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    OFF-MARKET
    Retail properties & Spaces

    in 50s 7Th Ave, New York, NY 10016

    2,200 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial space, located off 7th Avenue in the 50s of Manhattan (zip code 10016), presents a unique opportunity for food-related businesses. The property boasts a total of 2,200 square feet, currently entirely vacant and available for lease. The space is ideal for a variety of uses, including restaurants and other retail establishments, thanks to its flexible layout. Units can be leased in sizes ranging from a minimum of 200 square feet to a maximum contiguous space of 2,000 square feet, offering adaptability for businesses of various scales. The building's previous use as a commissary kitchen provides a significant advantage, with existing infrastructure potentially suitable for food preparation and storage. The location itself is a key selling point, situated in a high-traffic area with excellent street visibility, featuring a 15-foot storefront. This prime New York County location offers unparalleled access to a dense population and significant foot traffic, ensuring high visibility and potential for success. The property is categorized as retail and restaurant space, suitable for multiple tenants. This versatile space is ready for immediate occupancy and presents a rare opportunity to establish a thriving business in a vibrant Manhattan neighborhood. Inquire today to learn more about leasing options and secure your place in this dynamic location.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 2,200 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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