543 3Rd Ave New York, NY 10016
This exceptional retail opportunity presents 12,114 square feet of vacant space at 543 Third Avenue in the heart of New York City's vibrant Murray Hill/Midtown South neighborhood. Located on a major thoroughfare, this property boasts unparalleled visibility and accessibility. The building, constructed in 1963, is a nineteen-story structure offering a single-story storefront space. This highly desirable location provides easy access to public transportation and the Queens Midtown Tunnel, ensuring high foot traffic and convenient access for customers and employees. The space is available as a whole (12,114 square feet) or can be divided into smaller units, with a minimum divisible space of 3,714 square feet and a maximum contiguous space of 8,400 square feet. This flexibility allows for a variety of retail concepts and business sizes. The property is situated in New York County, New York, with a zip code of 10016. This is a rare chance to secure a prominent retail presence in one of Manhattan's most dynamic and sought-after commercial districts. The property's size and location make it ideal for a wide range of retail businesses seeking high visibility and accessibility. Don't miss this opportunity to establish your business in a prime Manhattan 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.
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.