111 59Th St New York, NY 10022
111 East 59th Street presents a rare opportunity to lease exceptional retail space in the heart of Midtown East, New York City. This two-story building, totaling 4,400 square feet, offers flexible lease options with two available suites. Each suite is independently accessible, allowing for a variety of configurations to suit diverse business needs. The minimum leasable space is 1,200 square feet, while the maximum contiguous space available is 3,200 square feet. The entire 4,400 square foot building is currently vacant, providing a unique chance for a single tenant to occupy the entire property or for two separate businesses to establish a presence in this highly desirable location. The property's address, 111 East 59th Street, places it within a vibrant commercial corridor, benefiting from high foot traffic and excellent visibility. Located in New York County, zip code 10022, this storefront property offers unparalleled access to a dense population and a thriving business community. This is an exceptional opportunity for businesses seeking a prominent location in one of Manhattan's most sought-after neighborhoods. The property's two-story design provides ample space for various retail concepts. Serious inquiries are encouraged to explore the possibilities of this prime retail location.
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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
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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.