Property profile

14th 59Th St New York, NY 10017

OFF-MARKET
Retail properties & Spaces
1,570 SF
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Property summary

AI-generated overview

This exceptional retail opportunity is located on Lexington Avenue in Midtown Manhattan, in the vibrant area between 14th and 59th Streets, zip code 10017. The property offers a total of 1,570 square feet of commercial space, currently entirely vacant and available for lease. The building is comprised of two separate suites, providing flexibility for various business needs. One suite can be leased individually, offering a minimum of 320 square feet, while the maximum contiguous space available is 1,250 square feet. This allows for businesses of different sizes to find a suitable space within this prime location. The property's location in Midtown Manhattan ensures high foot traffic and excellent visibility, making it an ideal space for a variety of retail ventures. The property is classified as a multi-tenant retail building in New York County. This is a rare opportunity to secure a prominent retail space in one of New York City's most sought-after commercial districts. The entire 1,570 square feet is available for lease immediately. Interested parties are encouraged to inquire promptly.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,570 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 10017
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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