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    OFF-MARKET
    Retail properties & Spaces

    0 51St St, New York, NY 10022

    3,394 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 3,394 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
    Value estimations
    Realmo proprietary · 4 methods
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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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