0 51St St, New York, NY 10022
This exceptional retail opportunity is located at 170 East 51st Street in the heart of Midtown East, New York, NY 10022. The property offers a total of 3,394 square feet of retail space, currently entirely vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 1,353 square feet to a maximum contiguous space of 2,041 square feet. This presents a unique chance for businesses seeking flexible space in a highly desirable location. The building's prime location in New York County provides excellent visibility and accessibility, benefiting from high foot traffic and proximity to major transportation hubs. The address, E 51st St, places the property within a vibrant commercial district, offering significant potential for growth and success. This is an ideal space for a variety of retail uses, providing ample room for a single tenant or the possibility of dividing the space to accommodate multiple businesses. The entire 3,394 square feet is currently vacant, allowing for complete customization to suit a tenant's specific needs. Interested parties are encouraged to inquire about lease terms and conditions. This is a rare opportunity to secure a prominent retail presence in one of Manhattan's most sought-after neighborhoods.
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.