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