Property profile

14th 59Th St New York, NY 10022

OFF-MARKET
Retail properties & Spaces
638 SF
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Property summary

AI-generated overview

This exceptional 638-square-foot retail space, ideally situated in Midtown East, New York City (between East 14th and East 59th Streets, zip code 10022), presents a fantastic opportunity for a restaurant operator. The property is a single-tenant space, offering complete flexibility for a new business venture. Located in New York County, this fully vacant commercial property is ready for immediate occupancy. The building's total square footage mirrors the vacant space, ensuring exclusive use of the entire premises. The property is classified as a retail space and specifically designed for restaurant use, featuring a vented kitchen. Its prime Midtown East location offers high foot traffic and visibility, making it an attractive proposition for a variety of culinary concepts. The address falls within a vibrant and densely populated area, providing access to a large potential customer base. This is a rare opportunity to secure a well-positioned, fully-equipped restaurant space in one of Manhattan's most sought-after neighborhoods. The property is available for lease and ready for immediate customization to suit a new tenant's specific needs. Interested parties are encouraged to inquire further to explore this exciting opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Total area 638 SF

Cap rate & NOI

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

Location

14th 59Th St New York, NY 10022
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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