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    OFF-MARKET
    Retail properties & Spaces

    138 50Th St, New York, NY 10022

    8,875 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 8,875 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Centrale Condominium Complex
    • Central Parking Parking Lot & Garage
    • Daimian戴冕团队-纽约专业房地产销售团队 Real Estate Agency
    • GIORGETTI USA INC. Production Facility Furniture & Home Goods
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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