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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

111 59Th St New York, NY 10022

4,400 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 4,400 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
  • Cardiovascular Research: Gridley Laura D MD Physician
  • Sylvia Simmons, NP Physician
  • Safwan Community Center
  • Car Leasing NY Loan Service Car Dealership
  • Ames Auditorium Cinema Theater & Performing Art Venue
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
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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