Property profile

8-10 Lexington Ave New York, NY 10010

OFF-MARKET
Retail properties & Spaces
7,800 SF
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Property summary

AI-generated overview

This exceptional retail property, located at 8-10 Lexington Avenue in the heart of New York City (zip code 10010), presents a unique investment opportunity. The property offers flexible space ranging from 7,800 to 24,847 square feet, catering to a variety of retail businesses. Its prime downtown location ensures high foot traffic and visibility, benefiting from its proximity to a new mixed-use development, further enhancing its appeal and potential for growth. The property's address is strategically situated with convenient access to Prospect Street, providing excellent accessibility for customers and deliveries. This location within New York County, New York, offers unparalleled exposure to a dense and affluent population. The property is being offered for sale, representing a chance to acquire a well-positioned retail space in one of the world's most dynamic commercial markets. The substantial square footage allows for diverse configurations, making it suitable for a wide range of retail concepts. This is an exceptional opportunity to establish or expand a retail presence in a highly sought-after area of Manhattan. The combination of size, location, and access makes this property an attractive investment prospect.

Property profile

Verified
Property type Retail properties & Spaces
Total area 7,800 SF

Cap rate & NOI

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

Location

8-10 Lexington Ave 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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