138 50Th St, New York, NY 10022
This exceptional retail opportunity is located at 138 East 50th Street in the heart of Midtown East, New York, NY 10022. The property offers a total of 8,875 square feet, with two contiguous spaces currently available for lease, ranging from 3,500 to 4,175 square feet. This presents a unique chance to secure a prominent retail presence in a high-traffic area. The building features convenient elevator access, a significant advantage for both tenants and customers. The property is classified as both retail and restaurant-suitable, offering versatility for a wide range of businesses. The building's location in New York County provides excellent access to public transportation, major thoroughfares, and a dense population of potential customers. With 7,675 square feet currently vacant, this presents a substantial opportunity for a single tenant or the potential for multiple tenants to occupy the space. The property's prime location and flexible space make it an ideal choice for businesses seeking high visibility and accessibility in one of Manhattan's most desirable neighborhoods. This is a rare opportunity to establish a thriving business in a vibrant and well-connected area. Serious inquiries are encouraged.
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The Centrale Condominium Complex
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Central Parking Parking Lot & Garage
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Daimian戴冕团队-纽约专业房地产销售团队 Real Estate Agency
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GIORGETTI USA INC. Production Facility Furniture & Home Goods
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
Similar Nearby for Lease
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.