Property profile

1856 Park Ave New York, NY 10035

OFF-MARKET
Retail properties & Spaces
23,955 SF
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Property summary

AI-generated overview

This exceptional retail property at 1856 Park Avenue in New York County offers a unique opportunity for businesses seeking prime Manhattan location. The building boasts a total of 23,955 square feet of commercial space, currently entirely vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 1,595 square feet to a maximum contiguous space of 9,046 square feet. This flexibility allows for businesses of various sizes to find the perfect fit. The property's high-traffic location on Park Avenue ensures significant foot traffic and visibility, making it an ideal location for a variety of retail ventures. The entire 23,995 square feet of vacant space presents a rare opportunity to establish a flagship location or create a multi-tenant retail center. The property's classification as commercial retail, combined with its size and location, makes it a highly desirable investment for discerning businesses seeking a prominent presence in a vibrant and affluent neighborhood. Serious inquiries are encouraged to explore the possibilities of this exceptional retail space. Contact us today to schedule a viewing and discuss your business needs.

Property profile

Verified
Property type Retail properties & Spaces
Total area 23,955 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Advertising Agency Marketing & Advertising
  • Apartment Building

Location

1856 Park Ave New York, NY 10035
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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