889 1St Ave, New York, NY 10022
This exceptional 520-square-foot retail space is ideally situated in the vibrant Midtown East neighborhood of New York City, at 889 1st Avenue, zip code 10022. Boasting 26 feet of frontage on 1st Avenue, the ground-floor location benefits from three large windows and a glass door, maximizing visibility and natural light. The space has undergone a complete renovation by the previous tenant, offering a flexible, turn-key solution for prospective businesses. High foot traffic is guaranteed, day and night, thanks to its prime location amidst well-regarded bars, restaurants, and upscale residential buildings. Its proximity to the United Nations further enhances its appeal. Convenient public transportation access is provided by the 6, E, and M subway lines, as well as the First Avenue bus route. This single-tenant property presents a unique opportunity to establish a thriving business in one of Manhattan's most sought-after commercial districts. The property is located in New York County.
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ACCEA New York Branch Printing Service (Bike/Boat/Book/etc) Store
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Ching Cleaning & Laundry (Bike/Boat/Book/etc) Store
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.